GENTINGC84

0.035

(%)

Structured Warrants - Final Settlement

GENTINGC84: CW GENTING BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GENTING BERHAD ("GENTING") ("GENTINGC84")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 24 Dec 2020 09:00 AM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.0480
Payment Date 06 Jan 2021

We are pleased to announce that GENTINGC84 has expired at 9.00 a.m. on 24 December 2020 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per GENTINGC84) (if the said amount is greater than zero).

The Settlement Price has been determined at RM 4.5640 being the arithmetic mean of the closing price of GENTING 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 GENTINGC84 exercised - 0.30%
= {(RM 4.5640 - RM 4.3000) / 5.5 } x Number of GENTINGC84 exercised - 0.30%
= RM 0.0480 x Number of GENTINGC84 exercised - 0.30%

Payment of the Cash Settlement Amount shall be made via the eDividend or Cash Redemption Payment Service by Bursa Malaysia Depository into the bank account of the Holders as provided in the Record of Depositors within seven (7) Market Days following the Expiry Date. Bank cheques shall be issued in favour of the Holders whose bank account information is not available in the Record of Depositors.


This announcement is dated 24 December 2020.



Announcement Info

Company Name GENTINGC84: CW GENTING BERHAD (RHB)
Stock Name GENTINGC84
Date Announced 24 Dec 2020
Category Structured Warrants - Final Settlement
Reference Number SWF-24122020-00011
Corporate Action ID MY201224EXWA0011