Structured Warrants - Final Settlement
TM-C46: CW TELEKOM MALAYSIA BERHAD (RHB) |
Description | RHB INVESTMENT BANK BERHAD ("RHBIB") EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TELEKOM MALAYSIA BERHAD ("TM") ("TM-C46") |
Instrument Type | CALL WARRANTS |
Exercise Style | European |
Settlement Type | Cash |
Date & Time of Expiry | 23 Jan 2020 09:00 AM |
Securities Debiting Date | |
Settlement Indicator | In the money |
Cash Entitlement | |
Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0416 |
Payment Date | 04 Feb 2020 |
We are pleased to announce that TM-C46 has expired at 9.00 a.m. on 23 January 2020 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per TM-C46) (if the said amount is greater than zero). The Settlement Price has been determined at RM 4.0080 being the arithmetic mean of the closing price of TM 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 TM-C46 exercised - 0.30% = {(RM 4.0080 - RM 3.8000) / 5 } x Number of TM-C46 exercised - 0.30% = RM 0.0416 x Number of TM-C46 exercised - 0.30% Payment of the Cash Settlement Amount shall be made via the eDividend or Cash Redemption Payment Service by Bursa Malaysia Depository into the bank account of the Holders as provided in the Record of Depositors within seven (7) Market Days following the Expiry Date. Bank cheques shall be issued in favour of the Holders whose bank account information is not available in the Record of Depositors. This announcement is dated 23 January 2020. |
Announcement Info
Company Name | TM-C46: CW TELEKOM MALAYSIA BERHAD (RHB) |
Stock Name | TM-C46 |
Date Announced | 23 Jan 2020 |
Category | Structured Warrants - Final Settlement |
Reference Number | SWF-23012020-00013 |
Corporate Action ID | MY200123EXWA0013 |