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PIB A5.3.7

An Authorised Firm which treats a Convertible as an equity must make an adjustment to the capital component as follows:

(a) an addition equal to any loss on conversion; or
(b) a deduction equal to any profit on conversion (subject to a maximum reduction to zero).
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]