Structured Warrants - Final Settlement
| MAHSING-C34: CW MAH SING GROUP BERHAD (RHB) |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MAH SING GROUP BERHAD ("MAHSING") ("MAHSING-C34") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 26 Jan 2022 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that MAHSING-C34 have expired at 9.00 a.m. on 26 January 2022 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per MAHSING-C34) (if the said amount is greater than zero).
The Settlement Price has been determined at RM 0.6820 being the arithmetic mean of the closing price of MAHSING 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 MAHSING-C34 exercised - 0.30%
= {(RM 0.6820 - RM 0.9500) / 2.5 } x Number of MAHSING-C34 exercised - 0.30%
= RM 0.0000 x Number of MAHSING-C34 exercised - 0.30%
As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.
Warrant holders will not be entitled to receive any payment of the Cash Settlement Amount.
This announcement is dated 26 January 2022. |
Announcement Info
| Company Name | MAHSING-C34: CW MAH SING GROUP BERHAD (RHB) |
| Stock Name | MAHSING-C34 |
| Date Announced | 26 Jan 2022 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-26012022-00014 |
| Corporate Action ID | MY220126EXWA0014 |