STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
SERBADK-C5: CW SERBA DINAMIK HOLDINGS BERHAD (AM) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | PROPOSED ISSUE OF UP TO 40,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SERBA DINAMIK HOLDINGS BERHAD ("SERBADK") ("SERBADK SHARES") WITH AN EXERCISE RATIO OF 3.5 CALL WARRANTS : 1 SERBADK SHARE ("SERBADK-C5") |
With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 40,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of SERBADK, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. SERBADK-C5 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The SERBADK-C5 is subject to the terms and conditions of the Base Prospectus dated 17 July 2019, the First Supplementary Base Prospectus dated 26 February 2020 and the Term Sheet for the SERBADK-C5 dated 26 February 2020. A summary of the principal terms of the SERBADK-C5 is set out in Table 1.
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Please refer attachment below.
Announcement Info
Company Name | SERBADK-C5: CW SERBA DINAMIK HOLDINGS BERHAD (AM) |
Stock Name | SERBADK-C5 |
Date Announced | 26 Feb 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-25022020-00049 |