Structured Warrants - Final Settlement
| ARMADA-C93: CW BUMI ARMADA BERHAD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF BUMI ARMADA BERHAD ("ARMADA") ("ARMADA-C93") |
| 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 | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0402 |
| Payment Date | 11 Mar 2025 |
We wish to announce that ARMADA-C93 expired at 5.00 p.m. on 28 February 2025 ("Expiry Date").
The Closing Price of RM0.56528 was determined based on the average volume weighted average market price of ARMADA shares for the 5 market days prior to and including the market day immediately before the Expiry Date.
The Cash Settlement Amount shall be made by way of cheque or such other mode as may be approved by Bursa Malaysia Securities Berhad and determined by us, within 7 market days from the Expiry Date. The cheques will be delivered to warrantholders by ordinary post.
This announcement is dated 28 February 2025. |
Announcement Info
| Company Name | ARMADA-C93: CW BUMI ARMADA BERHAD (CIMB) |
| Stock Name | ARMADA-C93 |
| Date Announced | 28 Feb 2025 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-28022025-00082 |
| Corporate Action ID | MY250228EXWA0082 |