Structured Warrants - Final Settlement
| DNEX-C41: CW DAGANG NEXCHANGE BERHAD (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF DAGANG NEXCHANGE BERHAD ("DNEX") ("DNEX-C41") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 04 May 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that DNEX-C41 had expired at 9.00 a.m. on 4 May 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of DNEX-C41 exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price)
= Number of DNEX-C41 exercised x (1/0.9057) x (RM0.3086 - RM0.3442)
= Number of DNEX-C41 exercised x RM0.0000
The Closing Price of RM0.3086 is the average daily volume weighted average price (VWAP) of the ordinary shares of DNEX on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The DNEX-C41 is deemed to have been automatically exercised on the Expiry Date.
As the Cash Settlement Amount is less than Zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised DNEX-C41 will cease to be valid and all our obligations in respect to DNEX-C41 shall terminate absolutely.
This announcement is dated 4 May 2026. |
Announcement Info
| Company Name | DNEX-C41: CW DAGANG NEXCHANGE BERHAD (KIBB) |
| Stock Name | DNEX-C41 |
| Date Announced | 04 May 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-04052026-00001 |
| Corporate Action ID | MY260504EXWA0001 |