We are pleased to announce that APPLE-C18 expired at 9.00 a.m. on 28 July 2025 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per APPLE-C18) (if the said amount is greater than zero).

The Settlement Price has been determined at USD213.7340 being the arithmetic mean of the closing price of APPLE Stocks on The Nasdaq Stock Market LLC for the five (5) scheduled market days prior to and including the market day before the Expiry Date. 

The Cash Settlement Amount shall be converted to RM prior to payment, using the prevailing rate of exchange being USD/MYR4.2310 on the Exercise Date at or about 5.00 p.m. Malaysia time ("Settlement Exchange Rate").

Cash Settlement Amount 

= {(Settlement Price - Exercise Price) / Exercise Ratio} x Settlement Exchange Rate x Number of APPLE-C18 exercised - 0.30%

= {(USD213.7340 - USD250.0000) / 2,000} x 4.2310 x Number of APPLE-C18 exercised - 0.30%

= RM0.0000 x Number of APPLE-C18 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.