Structured Warrants - Final Settlement
| HSI-CWSC: CW HANG SENG INDEX (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE HANG SENG INDEX ("HSI") ("HSI-CWSC") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 28 Aug 2026 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that HSI-CWSC had expired at 5.00 p.m. on 28 August 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of HSI-CWSC exercised x (1/Exercise Ratio) x (Closing Level - Exercise Level) x Index Currency Amount x Settlement Exchange Rate
= Number of HSI-CWSC exercised x (1/1,288) x (25,626.0000 - 27,000.0000) x HKD1.0000 x RM/HKD0.5135
= Number of HSI-CWSC exercised x RM0.0000
The Closing Level of 25,626.0000 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-CWSC will cease to be valid and all our obligations in respect to HSI-CWSC shall terminate absolutely.
This announcement is dated 28 August 2026. |
Announcement Info
| Company Name | HSI-CWSC: CW HANG SENG INDEX (KIBB) |
| Stock Name | HSI-CWSC |
| Date Announced | 28 Aug 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-28082026-00019 |
| Corporate Action ID | MY260828EXWA0019 |