Structured Warrants - Final Settlement
| FBMKLCI-HDQ: PW FTSE BURSA MALAYSIA KLCI INDEX (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER THE FTSE BURSA MALAYSIA KLCI INDEX ("FBMKLCI") ("FBMKLCI-HDQ") |
| Instrument Type | PUT WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 31 Dec 2021 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0590 |
| Payment Date | 11 Jan 2022 |
We wish to announce that the FBMKLCI-HDQ expired at 5.00 p.m. on 31 Dec 2021 ("Expiry Date"). The Cash Settlement Amount is as follows:
Cash Settlement Amount = Number of FBMKLCI-HDQ x (Exercise Level - Closing Level) x (1/Exercise Ratio) x Multiplier
= Number of FBMKLCI-HDQ x (1,570.00 - 1,540.50) x (1/500) x RM1
= Number of FBMKLCI-HDQ x RM0.0590
The Closing Level of 1,540.50 was determined based on the final settlement level for settling the corresponding spot-month index future contracts immediately on 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 holders of FBMKLCI-HDQ by ordinary post.
This announcement is dated 31 Dec 2021. |
Announcement Info
| Company Name | FBMKLCI-HDQ: PW FTSE BURSA MALAYSIA KLCI INDEX (CIMB) |
| Stock Name | FBMKLCI-HDQ |
| Date Announced | 31 Dec 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-31122021-00009 |
| Corporate Action ID | MY211231EXWA0009 |