Structured Warrants - Final Settlement
| FBMKLCI-H8Q: PW FTSE BURSA MALAYSIA KLCI INDEX (CIMB) |
| Description | CIMB BANK BERHAD ("CIMB BANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER THE FTSE BURSA MALAYSIA KLCI INDEX ("FBMKLCI") ("FBMKLCI-H8Q") |
| Instrument Type | PUT WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 31 Mar 2020 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.3464 |
| Payment Date | 09 Apr 2020 |
We wish to announce that the FBMKLCI-H8Q expired at 5.00 p.m. on 31 March 2020 (Expiry Date) and the Cash Settlement Amount shall be calculated as below. Cash Settlement Amount = Number of FBMKLCI-H8Q x (Exercise Level - Closing Level) x (1/Exercise Ratio) x Multiplier = Number of FBMKLCI-H8Q x (1,590.00 - 1,347.50) x (1/700) x RM1 = Number of FBMKLCI-H8Q x RM0.3464 The Closing Level of 1,347.50 is the reference to the final settlement price for settling the corresponding spot-month index future contracts immediately on the Expiry Date. The Cash Settlement Amount shall be made by way of cheque or such other mode as may be approved by Bursa Malaysia Securities Berhad and determined by us, within 7 market days from the Expiry Date. The cheques will be delivered to warrantholders by ordinary post. This announcement is dated 31 March 2020. |
Announcement Info
| Company Name | FBMKLCI-H8Q: PW FTSE BURSA MALAYSIA KLCI INDEX (CIMB) |
| Stock Name | FBMKLCI-H8Q |
| Date Announced | 31 Mar 2020 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-31032020-00084 |
| Corporate Action ID | MY200331EXWA0084 |