Structured Warrants - Final Settlement
| TOPGLOV-C4K: CW TOP GLOVE CORPORATION BHD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TOP GLOVE CORPORATION BHD (“TOPGLOV”) (“TOPGLOV-C4K”) |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 31 Dec 2024 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0213 |
| Payment Date | 10 Jan 2025 |
We wish to announce that TOPGLOV-C4K expired at 5.00 p.m. on 31 December 2024 ("Expiry Date").
The Closing Price of RM1.34272 was determined based on the average volume weighted average market price of TOPGLOV shares for the 5 market days prior to and including the market day immediately before the Expiry Date.
The Cash Settlement Amount shall be made by way of cheque or such other mode as may be approved by Bursa Malaysia Securities Berhad and determined by us, within 7 market days from the Expiry Date. The cheques will be delivered to warrantholders by ordinary post.
This announcement is dated 31 December 2024. |
Announcement Info
| Company Name | TOPGLOV-C4K: CW TOP GLOVE CORPORATION BHD (CIMB) |
| Stock Name | TOPGLOV-C4K |
| Date Announced | 31 Dec 2024 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-31122024-00027 |
| Corporate Action ID | MY241231EXWA0027 |