after issuing S$185M perpetual convertible securities (PCS), Ying Li has to pay S$16.875M interest every year for 3 years, S$17.575M for 4th and 5th year, if PCS is not redeemed. 6th year onward yearly interest will be around S$31.50M. How much profit they make a year?
Stock: [Ying Li Intl]: YING LI INTL REAL ESTATE LTD
2014-09-07 13:39 | Report Abuse
after issuing S$185M perpetual convertible securities (PCS), Ying Li has to pay S$16.875M interest every year for 3 years, S$17.575M for 4th and 5th year, if PCS is not redeemed. 6th year onward yearly interest will be around S$31.50M. How much profit they make a year?