Structured Warrants - Final Settlement
| IJM-C91: CW IJM CORPORATION BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF IJM CORPORATION BERHAD ("IJM") ("IJM SHARE") ("IJM-C91") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 30 Apr 2025 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that IJM-C91 expired at 5.00 p.m. on 30 April 2025 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of IJM-C91 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of IJM-C91 x (RM2.1639 - RM2.9500) x (1/7)
= Number of IJM-C91 x RM0.0000
The Closing Price of RM 2.1639 is the average volume-weighted average price (VWAP) of the IJM Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
As the Cash Settlement Amount is equal to or less than zero, we shall not be obliged to make any payment to the relevant holder and IJM-C91 shall become void and cease to have exercise rights and our obligation in respect of IJM-C91 shall terminate absolutely.
This announcement is dated 30 April 2025. |
Announcement Info
| Company Name | IJM-C91: CW IJM CORPORATION BERHAD (AM) |
| Stock Name | IJM-C91 |
| Date Announced | 30 Apr 2025 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30042025-00006 |
| Corporate Action ID | MY250430EXWA0006 |