Structured Warrants - Final Settlement
| MBSB-C52: CW MALAYSIA BUILDING SOCIETY BERHAD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MALAYSIA BUILDING SOCIETY BERHAD ("MBSB") ("MBSB-C52") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 31 May 2023 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0865 |
| Payment Date | 12 Jun 2023 |
We wish to announce that MBSB-C52 expired at 5.00 p.m. on 31 May 2023 ("Expiry Date"). The Cash Settlement Amount is as follows:
Cash Settlement Amount = Number of MBSB-C52 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of MBSB-C52 x (RM0.6365 - RM0.55) x (1/1)
= Number of MBSB-C52 x RM0.0865
The Closing Price of RM0.6365 was determined based on the arithmetic mean of daily volume weighted average market price of MBSB shares for the 5 market days prior to and including the market day immediately before the Expiry Date.
The Cash Settlement Amount shall be made by way of cheque or such other mode as may be approved by Bursa Malaysia Securities Berhad and determined by us, within 7 market days from the Expiry Date. The cheques will be delivered to holders of MBSB-C52 by ordinary post.
This announcement is dated 31 May 2023. |
Announcement Info
| Company Name | MBSB-C52: CW MALAYSIA BUILDING SOCIETY BERHAD (CIMB) |
| Stock Name | MBSB-C52 |
| Date Announced | 31 May 2023 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-31052023-00005 |
| Corporate Action ID | MY230531EXWA0005 |