We are pleased to announce that SUPERMX-C47 have expired at 9.01 a.m. on 27 February 2019 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per SUPERMX-C47) (if the said amount is greater than zero).

The Settlement Price has been determined at RM 1.6160 being the arithmetic mean of the closing price of SUPERMX Shares on Bursa Malaysia Securities Berhad for the five (5) scheduled market days prior to and including the market day before the Expiry Date. 

Cash Settlement Amount

= {(Settlement Price – Exercise Price) / Exercise Ratio} x Number of SUPERMX-C47 exercised – 0.30%

= {(RM 1.6160 – RM 2.3000) / 3.25} x Number of SUPERMX-C47 exercised – 0.30%

= RM 0.0000 x Number of SUPERMX-C47 exercised – 0.30%

As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.

Warrant holders will not be entitled to receive any payment of the Cash Settlement Amount.

This announcement is dated 27 February 2019.