Structured Warrants - Final Settlement
| HSTECH-C54: CW HANG SENG TECH INDEX (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE HANG SENG TECH INDEX ("HSTECH") ("HSTECH-C54") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 30 Jul 2026 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that HSTECH-C54 had expired at 5.00 p.m. on 30 July 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of HSTECH-C54 exercised x (1/Exercise Ratio) x (Closing Level - Exercise Level) x Index Currency Amount x Settlement Exchange Rate
= Number of HSTECH-C54 exercised x (1/688) x (4,810.0000 - 5,500.0000) x HKD1.0000 x RM/HKD0.5218
= Number of HSTECH-C54 exercised x RM0.0000
The Closing Level of 4,810.0000 is the reference to the final settlement price for settling the corresponding spot-month index futures contracts 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 HSTECH-C54 will cease to be valid and all our obligations in respect to HSTECH-C54 shall terminate absolutely.
This announcement is dated 30 July 2026. |
Announcement Info
| Company Name | HSTECH-C54: CW HANG SENG TECH INDEX (KIBB) |
| Stock Name | HSTECH-C54 |
| Date Announced | 30 Jul 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30072026-00009 |
| Corporate Action ID | MY260730EXWA0009 |