Structured Warrants - Final Settlement
| SCGBHD-CL: CW SOUTHERN CABLE GROUP BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SOUTHERN CABLE GROUP BERHAD ("SCGBHD") ("SCGBHD SHARE") ("SCGBHD-CL") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 22 May 2026 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that SCGBHD-CL expired at 5.00 p.m. on 22 May 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of SCGBHD-CL x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of SCGBHD-CL x (RM1.9686 - RM2.1000) x (1/3)
= Number of SCGBHD-CL x RM0.0000
The Closing Price of RM 1.9686 is the average volume-weighted average price (VWAP) of the SCGBHD 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 SCGBHD-CL shall become void and cease to have exercise rights and our obligation in respect of SCGBHD-CL shall terminate absolutely.
This announcement is dated 22 May 2026. |
Announcement Info
| Company Name | SCGBHD-CL: CW SOUTHERN CABLE GROUP BERHAD (AM) |
| Stock Name | SCGBHD-CL |
| Date Announced | 22 May 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-22052026-00018 |
| Corporate Action ID | MY260522EXWA0018 |