Structured Warrants - Final Settlement
| JTIASA-CZ: CW JAYA TIASA HOLDINGS BERHAD (AM) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF JAYA TIASA HOLDINGS BERHAD ("JTIASA") ("JTIASA SHARE") ("JTIASA-CZ") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 28 May 2025 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0174 |
| Payment Date | 09 Jun 2025 |
We wish to announce that JTIASA-CZ expired at 5.00 p.m. on 28 May 2025 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of JTIASA-CZ x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of JTIASA-CZ x (RM1.1522 - RM1.1000) x (1/3)
= Number of JTIASA-CZ x RM0.0174
The Closing Price of RM 1.1522 is the average volume-weighted average price (VWAP) of the JTIASA Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
The Cash Settlement Amount shall be despatched as soon as practicable and no later than seven (7) market days following the Expiry Date by way of a crossed cheque drawn in favour of the holder or by electronic transfer. Any payment made shall be delivered by ordinary post.
This announcement is dated 28 May 2025. |
Announcement Info
| Company Name | JTIASA-CZ: CW JAYA TIASA HOLDINGS BERHAD (AM) |
| Stock Name | JTIASA-CZ |
| Date Announced | 28 May 2025 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-28052025-00010 |
| Corporate Action ID | MY250528EXWA0010 |