Structured Warrants - Final Settlement
| HSI-PWPR: PW HANG SENG INDEX (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED PUT WARRANTS OVER THE HANG SENG INDEX ("HSI") ("HSI-PWPR") |
| Instrument Type | PUT WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 29 Apr 2026 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that HSI-PWPR had expired at 5.00 p.m. on 29 April 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of HSI-PWPR exercised x (1/Exercise Ratio) x (Exercise Price - Closing Price) x Index Currency Amount x Exchange Settlement Rate
= Number of HSI-PWPR exercised x (1/1,288) x (26,000.0000 - 26,043.0000) x HKD1.0000 x RM/HKD0.5042
= Number of HSI-PWPR exercised x RM0.0000
The Closing Level of 26,043.0000 is the reference to the final settlement price for settling the corresponding spot-month index futures contracts on the Expiry Date.
As the Cash Settlement Amount is less than Zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised HSI-PWPR will cease to be valid and all our obligations in respect to HSI-PWPR shall terminate absolutely.
This announcement is dated 29 April 2026. |
Announcement Info
| Company Name | HSI-PWPR: PW HANG SENG INDEX (KIBB) |
| Stock Name | HSI-PWPR |
| Date Announced | 29 Apr 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-29042026-00026 |
| Corporate Action ID | MY260429EXWA0026 |