at 22 cents * 1.67 = 0.37 + 1.80 = 2.17 will mother go above 2.17???
Submitting Merchant Bank
:
CIMB INVESTMENT BANK BERHAD
Name
:
MAHSING-CA: CW MAH SING GROUP BERHAD (CIMB)
Stock Name
:
MAHSING-CA
Date Announced
:
02/04/2010
Instrument Type
:
Structured Warrants
Type of Structure Warrants
:
Call Warrants
Description
:
Non-Collateralised European Style Non-Collateralised
Underlying Stock
:
Mah Sing Group Berhad
Name of Issuer
:
CIMB Bank Berhad
Stock Code
:
8583CA
Stock Short Name
:
MAHSING-CA
ISIN Code
:
MYL8583CAL30
Board
:
Structured Warrants
Sector
:
PROPERTIES
Initial Listing Information
Listing Date
:
31/03/2010
Term Sheet Date
:
30/03/2010
Issue Date
:
30/03/2010
Issue/ Ask Price
:
MYR 0.1600
Issue Size Indicator
:
Unit
Issue Size in Unit
:
50,000,000
Maturity Date
:
31/03/2011
Revised Maturity Date
:
Exercise/ Conversion Ratio
:
1.6667 : 1
Settlement Type/ Convertible Into
:
Cash
Exercise/ Strike/ Conversion Price
:
MYR 1.5000
Name and contact details of market maker(s)
(if applicable)
:
CIMB Bank Berhad
c/o Equity Derivatives Group
11th Floor Commerce Square
Jalan Semantan
Damansara Heights
50490 Kuala Lumpur
Tel: 03-2084 9942
Fax: 03-2093 6098
Circumstances under which the market maker(s) may not be able to provide quotes
(if applicable)
:
Please refer to Section 5.2 of the Base Prospectus dated 8 May 2009.
Attachment(s)
:
Remarks :
This announcement supercedes our announcement dated 30 March 2010.
The adjustments to the Exercise/Strike/Conversion Price and Exercise/Convertion Ratio are made pursuant to the bonus issue by Mah Sing Group Berhad("MAHSING") on the basis of one (1) bonus share for every five (5) existing MAHSING shares held.