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📩 DIRECT CONFIRMATION FROM IC SECURITIES If you've been asking "where did my CAL preference shares go?" — here's your answer, straight from IC Client Service (dated July 22, 2025): "The CAL pref shares no longer show on the platform as they have all been converted to original shares. You will notice your CAL ordinary shares have increased accordingly." This lines up exactly with what we've already confirmed: ✅ CalBank converted all preference shares to ordinary shares, 1:1, effective June 2, 2025 ✅ Announced officially by CalBank on June 4, 2025 ✅ Now confirmed directly by brokers like IC Securities to affected clients 📌 So if your CALPREF holdings disappeared and your CAL ordinary shares went up — that's not an error. It's exactly how it's supposed to work. Your value didn't vanish, it just moved into ordinary shares. ⚠️ If you still see "CALPREF" listed on any trading app (like IC Wealth), it's just a stale ticker in their system — not a real, tradeable stock anymore. 📢 Follow this channel for more real, verified breakdowns on GSE and investment opportunities.
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