Structured Warrants - Final Settlement
| MPI-CP: CW MALAYSIAN PACIFIC INDUSTRIES BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MALAYSIAN PACIFIC INDUSTRIES BERHAD ("MPI") ("MPI SHARE") ("MPI-CP") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 20 Jan 2022 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0455 |
| Payment Date | 31 Jan 2022 |
We wish to announce that MPI-CP expired at 5.00 p.m. on 20 January 2022 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of MPI-CP x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of MPI-CP x (RM43.6412 - RM40.00) x (1/80)
= Number of MPI-CP x RM0.0455
The Closing Price of RM43.6412 is the average volume-weighted average price (VWAP) of the MPI Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
The Cash Settlement Amount shall be despatched as soon as practicable and no later than seven (7) market days following the Expiry Date by way of a crossed cheque drawn in favour of the holder or by electronic transfer. Any payment made shall be delivered by ordinary post.
This announcement is dated 20 January 2022. |
Announcement Info
| Company Name | MPI-CP: CW MALAYSIAN PACIFIC INDUSTRIES BERHAD (AM) |
| Stock Name | MPI-CP |
| Date Announced | 20 Jan 2022 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-20012022-00013 |
| Corporate Action ID | MY220120EXWA0013 |