Leading lawyer Sin Min Yoong, a practice co-head, and Hooi Huang Ng represented banks, including Maybank Investment Bank and DBS Bank, as noteholders of RM327 million
worth of convertible notes.
Not exact matches
Earlier this week we reported that Uber had hired Goldman Sachs to raise money from the bank's high - net -
worth clients, via a private placement
of convertible notes.
When the Company seeks cash investments from outside investors, like you, the new investors typically pay a much larger sum for their shares than the founders or earlier investors, which means that the cash value
of your stake is immediately diluted because each share
of the same type is
worth the same amount, and you paid more for your shares (or the
notes convertible into shares) than earlier investors did for theirs.
Under the EziBuy proposal, class action shareholders would receive a
convertible note convertible into shares estimated to be
worth between $ 6 million and $ 20 million and issued at the time
of a liquidity event such as an IPO or trade sale
of EziBuy.
It's also good to
note that adding a rider to your
convertible term life insurance (or any type
of policy) may increase your life insurance premiums, so make sure the extra coverage is
worth the cost.