GENTINGC86

0.005

(%)

Structured Warrants - Final Settlement

GENTINGC86: CW GENTING BERHAD (AM)

Description
AMBANK (M) BERHAD ("AMBANK")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GENTING BERHAD ("GENTING") ("GENTING SHARE") ("GENTINGC86")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 22 Jan 2021 05:00 PM
Securities Debiting Date
Settlement Indicator Out of the Money/At the Money

We wish to announce that GENTINGC86 expired at 5.00 p.m. on 22 January 2021 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.

Cash Settlement Amount:

= Number of GENTINGC86 x (Closing Price - Exercise Price) x (1/Exercise Ratio) 

= Number of GENTINGC86 x (RM4.1893 - RM4.60) x (1/7) 

= Number of GENTINGC86 x RM0.0000

The Closing Price of RM4.1893 is the average volume-weighted average price (VWAP) of the GENTING Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.

As the Cash Settlement Amount is equal to or less than zero, we shall not be obliged to make any payment to the relevant holder and GENTINGC86 shall become void and cease to have exercise rights and our obligation in respect of GENTINGC86 shall terminate absolutely.



This announcement is dated 22 January 2021.



Announcement Info

Company Name GENTINGC86: CW GENTING BERHAD (AM)
Stock Name GENTINGC86
Date Announced 22 Jan 2021
Category Structured Warrants - Final Settlement
Reference Number SWF-22012021-00005
Corporate Action ID MY210122EXWA0005