STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
DRBHCOMC84: CW DRB-HICOM BERHAD (MIBB) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOM SHARE(S)") ("DRBHCOMC84") |
We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the DRBHCOM shares. DRBHCOMC84 is constituted by the Deed Poll dated 25 October 2018 executed by us for the Structured Warrants, as supplemented from time to time. DRBHCOMC84 is subject to the terms and conditions of the Base Prospectus dated 31 October 2018, the First Supplementary Base Prospectus dated 17 December 2018, the Second Supplementary Base Prospectus dated 19 June 2019 and the Term Sheet dated 25 July 2019. DRBHCOMC84 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of DRBHCOMC84 is set out in the attachment. |
Please refer attachment below.
Announcement Info
Company Name | DRBHCOMC84: CW DRB-HICOM BERHAD (MIBB) |
Stock Name | DRBHCOMC84 |
Date Announced | 25 Jul 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-24072019-00025 |