Structured Warrants - Final Settlement
| BNASTRA-CB: CW BINASTRA CORPORATION BERHAD (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF BINASTRA CORPORATION BERHAD ("BNASTRA") ("BNASTRA-CB") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 24 Aug 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that BNASTRA-CB had expired at 9.00 a.m. on 24 August 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of BNASTRA-CB exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price)
= Number of BNASTRA-CB exercised x (1/3) x (RM2.3651 - RM2.4800)
= Number of BNASTRA-CB exercised x RM0.0000
The Closing Price of RM2.3651 is the average daily volume weighted average price (VWAP) of the ordinary shares of BNASTRA on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The BNASTRA-CB 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 BNASTRA-CB will cease to be valid and all our obligations in respect to BNASTRA-CB shall terminate absolutely.
This announcement is dated 24 August 2026. |
Announcement Info
| Company Name | BNASTRA-CB: CW BINASTRA CORPORATION BERHAD (KIBB) |
| Stock Name | BNASTRA-CB |
| Date Announced | 24 Aug 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-24082026-00021 |
| Corporate Action ID | MY260824EXWA0021 |