Structured Warrants - Final Settlement
| SYGROUP-CG: CW SHIN YANG GROUP BERHAD (AFFIN) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SHIN YANG GROUP BERHAD ("SYGROUP") ("SYGROUP-CG") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 23 Apr 2026 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that SYGROUP-CG has expired at 5.00 p.m. on 23 April 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as follows:
Cash Settlement Amount
= Number of SYGROUP-CG x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of SYGROUP-CG x (RM0.7730 - RM0.8500) x (1/2)
= Number of SYGROUP-CG x RM0.0000
The Closing Price of RM0.7730 was determined based on the average closing price of the SYGROUP Shares (subject to any adjustment as may be necessary to reflect any capitalisation, rights issue, distribution or others) for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
As the Cash Settlement Amount is less than zero, Holders will not be entitled to receive any payment from us and all outstanding and unexercised SYGROUP-CG will cease to be valid and all our obligations in respect to SYGROUP-CG shall terminate absolutely.
This announcement is dated 23 April 2026. |
Announcement Info
| Company Name | SYGROUP-CG: CW SHIN YANG GROUP BERHAD (AFFIN) |
| Stock Name | SYGROUP-CG |
| Date Announced | 23 Apr 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-23042026-00034 |
| Corporate Action ID | MY260423EXWA0034 |