STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT
| EWINT-CH: CW ECO WORLD INTERNATIONAL BERHAD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT FINAL SETTLEMENT |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF ECO WORLD INTERNATIONAL BERHAD ("EWINT") ("EWINT SHARE") ("EWINT-CH") |
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We wish to announce that EWINT-CH expired at 5.00 p.m. on 30 April 2018 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
= Number of EWINT-CH x (Closing Price – Exercise Price) x (1/Exercise Ratio)
= Number of EWINT-CH x RM0.0000
The Closing Price of RM0.9742 is the average of the five (5)-day volume-weighted average price (VWAP) of the EWINT Shares on each of the five (5) market days immediately before the Expiry Date.
As the Cash Settlement Amount is less than zero, we shall not be obliged to make any payment to the relevant warrantholder and the EWINT-CH shall become void and cease to have any exercise rights.
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Announcement Info
| Company Name | EWINT-CH: CW ECO WORLD INTERNATIONAL BERHAD (AM) |
| Stock Name | EWINT-CH |
| Date Announced | 30 Apr 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30042018-00097 |