Structured Warrants - Final Settlement
| MALAKOFC56: CW MALAKOFF CORPORATION BERHAD (AFFIN) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MALAKOFF CORPORATION BERHAD ("MALAKOF") ("MALAKOFC56") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 27 Jan 2025 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0055 |
| Payment Date | 07 Feb 2025 |
We wish to announce that MALAKOFC56 has expired at 5.00 p.m. on 27 January 2025 ("Expiry Date") and the Cash Settlement Amount shall be calculated as follows:
Cash Settlement Amount
= Number of MALAKOFC56 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of MALAKOFC56 x (RM0.9110 - RM0.9000) x (1/2)
= Number of MALAKOFC56 x RM0.0055
The Closing Price of RM0.9110 was determined based on the average closing price of the MALAKOF Shares (subject to any adjustment as may be necessary to reflect any capitalisation, rights issue, distribution or others) for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
The Cash Settlement Amount, less all exercise expenses (currently borne by the Issuer and no charge shall be incurred by the Holder) shall be made by way of electronic payment or cheque within 7 Market Days from the Expiry Date. The cheques will be delivered to Holders by ordinary post.
This announcement is dated 27 January 2025. |
Announcement Info
| Company Name | MALAKOFC56: CW MALAKOFF CORPORATION BERHAD (AFFIN) |
| Stock Name | MALAKOFC56 |
| Date Announced | 27 Jan 2025 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-27012025-00015 |
| Corporate Action ID | MY250127EXWA0015 |