Structured Warrants - Final Settlement
| GENM-C2W: CW GENTING MALAYSIA BERHAD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GENTING MALAYSIA BERHAD (“GENM”) (“GENM-C2W”) |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 31 Dec 2024 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that GENM-C2W expired at 5.00 p.m. on 31 December 2024 ("Expiry Date").
The Closing Price of RM2.20626 was determined based on the average volume weighted average market price of GENM 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 GENM-C2W's Exercise Price of RM2.60, holders of GENM-C2W will not be entitled to receive any payment from us. All outstanding and unexercised GENM-C2W will cease to be valid and all of our obligations in respect of the GENM-C2W shall terminate absolutely.
This announcement is dated 31 December 2024. |
Announcement Info
| Company Name | GENM-C2W: CW GENTING MALAYSIA BERHAD (CIMB) |
| Stock Name | GENM-C2W |
| Date Announced | 31 Dec 2024 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-31122024-00006 |
| Corporate Action ID | MY241231EXWA0006 |