DRBHCOMC75

0.105

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

DRBHCOMC75: CW DRB-HICOM 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 DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOMC75")

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 DRBHCOM

 

The DRBHCOMC75 is constituted by the Deed Poll dated 30 April 2018 executed by us, as supplemented from time to time. The DRBHCOMC75 is subject to the terms and conditions of the Base Prospectus dated 8 May 2018, the First Supplementary Base Prospectus dated 7 December 2018 and the Second Supplementary Base Prospectus dated 22 February 2019 and the Term Sheet for the DRBHCOMC75 dated 7 March 2019.

 

The DRBHCOMC75 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the DRBHCOMC75 is set out in Table 1.

 

This announcement is dated 7 March 2019.




Please refer attachment below.



Announcement Info

Company Name DRBHCOMC75: CW DRB-HICOM BERHAD (CIMB)
Stock Name DRBHCOMC75
Date Announced 07 Mar 2019
Category General Announcement for PLC
Reference Number GA1-06032019-00095