STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
SUNWAY-CZ: CW SUNWAY BERHAD (AM) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SUNWAY BERHAD ("SUNWAY") ("SUNWAY SHARES") WITH AN EXERCISE RATIO OF 3 CALL WARRANTS : 1 SUNWAY SHARE ("SUNWAY-CZ") |
With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 50,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of SUNWAY, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. SUNWAY-CZ is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The SUNWAY-CZ is subject to the terms and conditions of the Base Prospectus dated 13 August 2020 and the Term Sheet for the SUNWAY-CZ dated 13 August 2020. A summary of the principal terms of the SUNWAY-CZ is set out in Table 1.
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Please refer attachment below.
Announcement Info
Company Name | SUNWAY-CZ: CW SUNWAY BERHAD (AM) |
Stock Name | SUNWAY-CZ |
Date Announced | 13 Aug 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-11082020-00044 |