STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| SCIENTX-CG: CW SCIENTEX BERHAD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SCIENTEX BERHAD ("SCIENTX") ("SCIENTX SHARES") WITH AN EXERCISE RATIO OF 8 CALL WARRANTS : 1 SCIENTX SHARE ("SCIENTX-CG") |
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With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 35,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of SCIENTX, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. SCIENTX-CG is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The SCIENTX-CG is subject to the terms and conditions of the Base Prospectus dated 17 July 2019 and the Term Sheet for the SCIENTX-CG dated 05 September 2019. A summary of the principal terms of the SCIENTX-CG is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | SCIENTX-CG: CW SCIENTEX BERHAD (AM) |
| Stock Name | SCIENTX-CG |
| Date Announced | 05 Sep 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30082019-00092 |