We are pleased to announce that CANSINO-C2 have expired at 9.00 a.m. on 24 February 2022 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per CANSINO-C2) (if the said amount is greater than zero).

The Settlement Price has been determined at HKD 140.7000 being the arithmetic mean of the closing price of CANSINO Shares on the Stock Exchange of Hong Kong for the five (5) scheduled market days prior to and including the market day before the Expiry Date.  

The Cash Settlement Amount shall be converted to RM prior to payment, using the prevailing rate of exchange being HKD/MYR 0.5381 on the Exercise Date at or about 5.00 p.m. Malaysia time ("Settlement Exchange Rate").

Cash Settlement Amount 

= {(Settlement Price - Exercise Price) / Exercise Ratio} x Settlement Exchange Rate x Number of CANSINO-C2 exercised - 0.30%

= {(HKD 140.7000 - HKD 400.0000) / 250} x 0.5381 x Number of CANSINO-C2 exercised - 0.30%

= RM 0.0000 x Number of CANSINO-C2 exercised - 0.30%

As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.
Holders will not be entitled to receive any payment of the Cash Settlement Amount.


This announcement is dated 24 February 2022.