Structured Warrants - Final Settlement
| FRONTKN-C46: CW FRONTKEN CORPORATION BERHAD (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF FRONTKEN CORPORATION BERHAD ("FRONTKN") ("FRONTKN-C46") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 10 Aug 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0765 |
| Payment Date | 19 Aug 2026 |
We wish to announce that FRONTKN-C46 had expired at 9.00 a.m. on 10 August 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of FRONTKN-C46 exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price)
= Number of FRONTKN-C46 exercised x (1/4) x (RM5.1861 - RM4.8800)
= Number of FRONTKN-C46 exercised x RM0.0765
The Closing Price of RM5.1861 is the average daily volume weighted average price (VWAP) of the ordinary shares of FRONTKN on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The FRONTKN-C46 is deemed to have been automatically exercised on the Expiry Date.
The Cash Settlement Amount will be delivered to the warrantholders by ordinary post within seven (7) market days from the Expiry Date.
This announcement is dated 10 August 2026. |
Announcement Info
| Company Name | FRONTKN-C46: CW FRONTKEN CORPORATION BERHAD (KIBB) |
| Stock Name | FRONTKN-C46 |
| Date Announced | 10 Aug 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-10082026-00002 |
| Corporate Action ID | MY260810EXWA0002 |