WPRTS-C2

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

WPRTS-C2: CW WESTPORTS HOLDINGS BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
CIMB BANK BERHAD ("CIMB BANK")

PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF WESTPORTS HOLDINGS BERHAD ("WPRTS") ("WPRTS-C2")

We are pleased to announce the proposed issue by CIMB Bank of up to 50,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in WPRTS

 

The WPRTS-C2 is constituted by the Deed Poll dated 7 May 2019 executed by us, as supplemented from time to time. The WPRTS-C2 is subject to the terms and conditions of the Base Prospectus dated 9 May 2019 and the Term Sheet for the WPRTS-C2 dated 17 July 2019.

 

The WPRTS-C2 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the WPRTS-C2 is set out in Table 1.

 

This announcement is dated 17 July 2019.




Please refer attachment below.



Announcement Info

Company Name WPRTS-C2: CW WESTPORTS HOLDINGS BERHAD (CIMB)
Stock Name WPRTS-C2
Date Announced 17 Jul 2019
Category General Announcement for PLC
Reference Number GA1-16072019-00038