Structured Warrants - Final Settlement
| DRBHCOMC3J: CW DRB-HICOM BERHAD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOMC3J") |
| 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 DRBHCOMC3J expired at 5.00 p.m. on 30 April 2025 ("Expiry Date").
The Closing Price of RM0.76562 was determined based on the average volume weighted average market price of DRBHCOM 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 DRBHCOMC3J's Exercise Price of RM1.15, holders of DRBHCOMC3J will not be entitled to receive any payment from us. All outstanding and unexercised DRBHCOMC3J will cease to be valid and all of our obligations in respect of the DRBHCOMC3J shall terminate absolutely.
This announcement is dated 30 April 2025. |
Announcement Info
| Company Name | DRBHCOMC3J: CW DRB-HICOM BERHAD (CIMB) |
| Stock Name | DRBHCOMC3J |
| Date Announced | 30 Apr 2025 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30042025-00076 |
| Corporate Action ID | MY250430EXWA0076 |