SUPERMX-C88

2.410

(%)

Structured Warrants - Final Settlement

SUPERMX-C88: CW SUPERMAX CORPORATION BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SUPERMAX CORPORATION BERHAD ("SUPERMX") ("SUPERMX-C88")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 26 Jan 2021 09:00 AM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 2.5127
Payment Date 08 Feb 2021

We are pleased to announce that SUPERMX-C88 has expired at 9.00 a.m. on 26 January 2021 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per SUPERMX-C88) (if the said amount is greater than zero).

The Settlement Price has been determined at RM 6.4580 being the arithmetic mean of the closing price of SUPERMX 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 SUPERMX-C88 exercised - 0.30%
= {(RM 6.4580 - RM 1.2962) / 2.0543 } x Number of SUPERMX-C88 exercised - 0.30%
= RM 2.5127 x Number of SUPERMX-C88 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 26 January 2021



Announcement Info

Company Name SUPERMX-C88: CW SUPERMAX CORPORATION BERHAD (RHB)
Stock Name SUPERMX-C88
Date Announced 26 Jan 2021
Category Structured Warrants - Final Settlement
Reference Number SWF-26012021-00004
Corporate Action ID MY210126EXWA0004