Structured Warrants - Final Settlement
| HENGYUANC57: CW HENGYUAN REFINING COMPANY BERHAD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF HENGYUAN REFINING COMPANY BERHAD ("HENGYUAN") ("HENGYUANC57") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 28 Feb 2025 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that HENGYUANC57 expired at 5.00 p.m. on 28 February 2025 ("Expiry Date").
The Closing Price of RM1.86544 was determined based on the average volume weighted average market price of HENGYUAN 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 HENGYUANC57 's Exercise Price of RM2.50, holders of HENGYUANC57 will not be entitled to receive any payment from us. All outstanding and unexercised HENGYUANC57 will cease to be valid and all of our obligations in respect of the HENGYUANC57 shall terminate absolutely.
This announcement is dated 28 February 2025. |
Announcement Info
| Company Name | HENGYUANC57: CW HENGYUAN REFINING COMPANY BERHAD (CIMB) |
| Stock Name | HENGYUANC57 |
| Date Announced | 28 Feb 2025 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-28022025-00029 |
| Corporate Action ID | MY250228EXWA0029 |