ASTRO-C22

0.155

(%)

Structured Warrants - Final Settlement

ASTRO-C22: CW ASTRO MALAYSIA HOLDINGS BERHAD (CIMB)

Description
CIMB BANK BERHAD ("CIMB BANK")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF ASTRO MALAYSIA HOLDINGS BERHAD ("ASTRO") ("ASTRO-C22")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 31 Mar 2021 05:00 PM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.1628
Payment Date 09 Apr 2021

We wish to announce that the ASTRO-C22 expired at 5.00 p.m. on 31 Mar 2021 (Expiry Date) and the Cash Settlement Amount shall be calculated as below.

Cash Settlement Amount	=	Number of ASTRO-C22 x (Closing Price - Exercise Price) x  (1/Exercise Ratio)
	=	Number of ASTRO-C22 x (RM0.9628 - RM0.80) x (1/1)
	=	Number of ASTRO-C22 x RM0.1628

The Closing Price of RM0.9628 is the arithmetic mean of daily volume weighted average market price of ASTRO shares for the 5 market days prior to and including the market day immediately before 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 Mar 2021.



Announcement Info

Company Name ASTRO-C22: CW ASTRO MALAYSIA HOLDINGS BERHAD (CIMB)
Stock Name ASTRO-C22
Date Announced 31 Mar 2021
Category Structured Warrants - Final Settlement
Reference Number SWF-31032021-00002
Corporate Action ID MY210331EXWA0002