Structured Warrants - Final Settlement
| GENTINGC1N: CW GENTING BERHAD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GENTING BERHAD ("GENTING") ("GENTINGC1N") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 29 Jul 2022 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that GENTINGC1N expired at 5.00 p.m. on 29 July 2022 ("Expiry Date").
The Closing Price of RM4.7037 was determined based on the arithmetic mean of daily volume weighted average market price of GENTING shares for the 5 market days prior to and including the market day immediately before the Expiry Date.
As the Closing Price is lower than GENTINGC1N's Exercise Price of RM5.15, holders of GENTINGC1N will not be entitled to receive any payment from us. All outstanding and unexercised GENTINGC1N will cease to be valid and all of our obligations in respect of the GENTINGC1N shall terminate absolutely.
This announcement is dated 29 July 2022. |
Announcement Info
| Company Name | GENTINGC1N: CW GENTING BERHAD (CIMB) |
| Stock Name | GENTINGC1N |
| Date Announced | 29 Jul 2022 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-29072022-00034 |
| Corporate Action ID | MY220729EXWA0034 |