Structured Warrants - Final Settlement
| TEOSENG-CB: CW TEO SENG CAPITAL BHD (RHB) |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TEO SENG CAPITAL BERHAD ("TEOSENG") ("TEOSENG-CB") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 28 Jul 2025 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that TEOSENG-CB expired at 9.00 a.m. on 28 July 2025 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per TEOSENG-CB) (if the said amount is greater than zero).
The Settlement Price has been determined at RM0.9360 being the arithmetic mean of the closing price of TEOSENG 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 TEOSENG-CB exercised - 0.30%
= {(RM0.9360 - RM1.1000) / 2 } x Number of TEOSENG-CB exercised - 0.30%
= RM0.0000 x Number of TEOSENG-CB exercised - 0.30%
As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.
Holders will not be entitled to receive any payment of the Cash Settlement Amount.
This announcement is dated 28 July 2025. |
Announcement Info
| Company Name | TEOSENG-CB: CW TEO SENG CAPITAL BHD (RHB) |
| Stock Name | TEOSENG-CB |
| Date Announced | 28 Jul 2025 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-28072025-00002 |
| Corporate Action ID | MY250728EXWA0002 |