Structured Warrants - Final Settlement
| KOSSAN-C88: CW KOSSAN RUBBER INDUSTRIES BHD (RHB) |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF KOSSAN RUBBER INDUSTRIES BHD ("KOSSAN") ("KOSSAN-C88") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 26 May 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that KOSSAN-C88 expired at 9.00 a.m. on 26 May 2026 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per KOSSAN-C88) (if the said amount is greater than zero).
The Settlement Price has been determined at RM1.2200 being the arithmetic mean of the closing price of KOSSAN Shares on Bursa Malaysia Securities Berhad for the five (5) scheduled market days prior to and including the market day before the Expiry Date.
Cash Settlement Amount
= {(Settlement Price - Exercise Price) / Exercise Ratio } x Number of KOSSAN-C88 exercised
= {(RM1.2200 - RM1.4000) / 2.5 } x Number of KOSSAN-C88 exercised
= RM0.0000 x Number of KOSSAN-C88 exercised
As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.
Holders will not be entitled to receive any payment of the Cash Settlement Amount.
This announcement is dated 26 May 2026. |
Announcement Info
| Company Name | KOSSAN-C88: CW KOSSAN RUBBER INDUSTRIES BHD (RHB) |
| Stock Name | KOSSAN-C88 |
| Date Announced | 26 May 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-26052026-00011 |
| Corporate Action ID | MY260526EXWA0011 |