Structured Warrants - Final Settlement
| CMSB-C46: CW CAHYA MATA SARAWAK BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF CAHYA MATA SARAWAK BERHAD ("CMSB") ("CMSB SHARE") ("CMSB-C46") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 23 Jul 2024 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0612 |
| Payment Date | 01 Aug 2024 |
We wish to announce that CMSB-C46 expired at 5.00 p.m. on 23 July 2024 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of CMSB-C46 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of CMSB-C46 x (RM1.4336 - RM1.2500) x (1/3)
= Number of CMSB-C46 x RM0.0612
The Closing Price of RM 1.4336 is the average volume-weighted average price (VWAP) of the CMSB Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
The Cash Settlement Amount shall be despatched as soon as practicable and no later than seven (7) market days following the Expiry Date by way of a crossed cheque drawn in favour of the holder or by electronic transfer. Any payment made shall be delivered by ordinary post.
This announcement is dated 23 July 2024. |
Announcement Info
| Company Name | CMSB-C46: CW CAHYA MATA SARAWAK BERHAD (AM) |
| Stock Name | CMSB-C46 |
| Date Announced | 23 Jul 2024 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-23072024-00002 |
| Corporate Action ID | MY240723EXWA0002 |