Structured Warrants - Final Settlement
| KGB-CN: CW KELINGTON GROUP BERHAD (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF KELINGTON GROUP BERHAD ("KGB") ("KGB-CN") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 09 Mar 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.1462 |
| Payment Date | 18 Mar 2026 |
We wish to announce that KGB-CN had expired at 9.00 a.m. on 9 March 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of KGB-CN exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price)
= Number of KGB-CN exercised x (1/5) x (RM5.1108 - RM4.3800)
= Number of KGB-CN exercised x RM0.1462
The Closing Price of RM5.1108 is the average daily volume weighted average price (VWAP) of the ordinary shares of KGB on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The KGB-CN 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 9 March 2026. |
Announcement Info
| Company Name | KGB-CN: CW KELINGTON GROUP BERHAD (KIBB) |
| Stock Name | KGB-CN |
| Date Announced | 09 Mar 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-09032026-00003 |
| Corporate Action ID | MY260309EXWA0003 |