Structured Warrants - Final Settlement
Amended Announcements
Please refer to the earlier announcement
reference number: SWF-31052023-00019
| FBMKLCI-HGZ: PW FTSE BURSA MALAYSIA KLCI INDEX (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER THE FTSE BURSA MALAYSIA KLCI ("FBMKLCI") ("FBMKLCI UNIT") ("FBMKLCI-HGZ") |
| Instrument Type | PUT WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 31 May 2023 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0670 |
| Payment Date | 12 Jun 2023 |
We wish to announce that FBMKLCI-HGZ expired at 5.00 p.m. on 31 May 2023 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of FBMKLCI-HGZ x (Exercise Level - Closing Level) x (1/Exercise Ratio) x Multiplier
= Number of FBMKLCI-HGZ x (1,450.00 - 1,383.00) x (1/1,000) x RM1.00
= Number of FBMKLCI-HGZ x RM 0.0670
The Closing Level of 1,383.00 is the final settlement price for settling the corresponding spot-month index futures contracts scheduled to expire on 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 31 May 2023. |
Announcement Info
| Company Name | FBMKLCI-HGZ: PW FTSE BURSA MALAYSIA KLCI INDEX (AM) |
| Stock Name | FBMKLCI-HGZ |
| Date Announced | 31 May 2023 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-31052023-00023 |
| Corporate Action ID | MY230531EXWA0019 |