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Yanlord My Lord
01 Jul 09

Call warrant Yanlord MBL eCW100104 (H9BW) exercise price $2.40.*

Yanlord, the high-end residential property developer in China fell 5.4% yesterday…

The following call warrant has an exercise price close to the last traded underlying share price:

Call warrant Yanlord MBL eCW100104 (H9BW) exercise price $2.40.*


Yanlord plunged 5% yesterday
Yanlord, the high-end residential property developer in China fell 5.4% yesterday to close at $2.29 with no official announcement being released.

The stock touched a 1 year high of $2.42 on Monday this week, rising 4.3% over the past week and climbing 11.0% over the past month.

Yanlord announced on the SGX 2 weeks ago that it will offer 120 million ordinary shares at $2.08 per share and $275 million convertible bonds with a coupon rate of 5.85% p.a and a conversion price of $2.6208 per share.

 

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