SUNWAY-CZ

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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.


This announcement is dated 13 August 2020.




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