We are pleased to announce that MEITUAN-C17 has expired at 9.00 a.m. on 27 June 2023 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per MEITUAN-C17) (if the said amount is greater than zero).

The Settlement Price has been determined at HKD129.1200 being the arithmetic mean of the closing price of MEITUAN 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/MYR0.5955 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 MEITUAN-C17 exercised - 0.30%

= {(HKD129.1200 - HKD160.0000) / 150} x 0.5955 x Number of MEITUAN-C17 exercised - 0.30%

= RM0.0000 x Number of MEITUAN-C17 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 27 June 2023.