FINAL SETTLEMENT PRICE = 0.1983
The danger of playing call warrant.
Type:Call Warrants
Sector:CONSUMER PRODUCTS
Listing Date:Jan 17, 2013
Maturity Date:Jan 30, 2014
Issue Size:50,000,000
Exercise Price:MYR 3.00
Ratio:2 : 1
Underlying Stock:ZHULIAN
Avg Volume (4 weeks):4,306
4 Weeks Range:0.84 - 0.96
52 Weeks Range:0.045 - 1.10
Type:Call Warrants
Sector:CONSUMER PRODUCTS
Listing Date:Jan 17, 2013
Maturity Date:Jan 30, 2014
Issue Size:50,000,000
Exercise Price:MYR 3.00
Ratio:2 : 1
Underlying Stock:ZHULIAN
Avg Volume (4 weeks):4,306
4 Weeks Range:0.84 - 0.96
52 Weeks Range:0.045 - 1.10
General Announcement
Reference No MM-140130-AD2DA
Submitting Merchant Bank
:
CIMB INVESTMENT BANK BERHAD
Name
:
ZHULIAN-CA: CW ZHULIAN CORPORATION BERHAD (CIMB)
Stock Name
:
ZHULIAN-CA
Date Announced
:
30/01/2014
Type
:
Announcement
Subject
:
STRUCTURED WARRANTS ANNOUNCEMENT
FINAL SETTLEMENT
Description
:
CIMB BANK BERHAD (“CIMB BANK”)
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF ZHULIAN CORPORATION BERHAD (“ZHULIAN”) (“ZHULIAN-CA”)
Announcement Details/Table Section :
We wish to announce that the ZHULIAN-CA expired at 5.00 p.m. on 30 Jan 2014 (“Expiry Date”) and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount
=
Number of ZHULIAN-CA x (Closing Price – Exercise Price) x (1/Exercise Ratio)
=
Number of ZHULIAN-CA x (RM3.3965 – RM3.00) x (1/2)
=
Number of ZHULIAN-CA x RM0.1983
The Closing Price of RM3.3965 is the arithmetic mean of daily volume weighted average market price of ZHULIAN shares for the 5 market days prior to and including the market day immediately before the Expiry Date.
The Cash Settlement Amount, less all exercise expenses shall be made by way of cheque within 7 market days from the Expiry Date. The cheques will be delivered to warrantholders by ordinary post.
This announcement is dated 30 Jan 2014.