Expiring Soon on 22-Jan-2018:
AEON-CJ
AIRPORT-CU
GDEX-CG
GENM-C27
LAFMSIA-CD
MAGNUM-C2
MFCB-CB
MYEG-C20
OLDTOWN-CB
POS-C10
SUPERMX-C28
TALIWRK-CC

Last trading: 5pm on 17-Jan-2018
Suspension date: 9am on 18-Jan-2018
Expiry date: 9am on 22-Jan-2018 (next Monday!)

:checkered_flagWhat happens on expiry?
- When Cash Settlement price > Exercise price = In-The-Money (ITM). Warrant will have value at expiry & automatically be exercised.
- When Cash Settlement price < Exercise price = Out-of-The-Money (OTM). Warrant expires worthless.

:memoAn easy SAMPLE calculation for Cash Settlement Amount
Say, you purchased 100,000 SUPERMX-C28 warrants.
Exercise price: RM2.20
Exercise ratio: 2.5 warrants to 1 mother share (aka underlying)
Let's assume the Cash Settlement Price is RM2.30. (We will only know the actual "5-day average daily volume weighted average price (VWAP)" by the end of Day 5. This means it expires In-The-Money.)

Using the Cash Settlement amount formula
= Number of SUPERMX-C28 exercised x [(Cash Settlement Price - Exercise Price) / Exercise Ratio ]
= 100,000 x [(RM2.30 - RM2.20) / 2.5]
= RM4,000 approx

* The Cash Settlement Price of RM2.30 is the average daily volume weighted average price (VWAP) of the ordinary shares of SUPERMX for the five (5) market days prior to and including the market day immediately before the Expiry Date.
* The Cash Settlement Amount will be delivered to you via cheque by ordinary post within 7 market days from the Expiry Date.

***

Get the news first on Telegram. Its free. 

Telegram: https://www.telegram.me/KenangaWarrants (Real time LIVE updates) 

More info, FREE tools & warrant education on www.NagaWarrants.com/home