STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| UEMS-C75: CW UEM SUNRISE 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 UEM SUNRISE BERHAD ("UEMS") ("UEMS SHARES") WITH AN EXERCISE RATIO OF 2.5 CALL WARRANTS : 1 UEMS SHARE ("UEMS-C75") |
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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 UEMS, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. UEMS-C75 is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The UEMS-C75 is subject to the terms and conditions of the Base Prospectus dated 13 August 2020 and the Term Sheet for the UEMS-C75 dated 13 August 2020. A summary of the principal terms of the UEMS-C75 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | UEMS-C75: CW UEM SUNRISE BERHAD (AM) |
| Stock Name | UEMS-C75 |
| Date Announced | 13 Aug 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11082020-00046 |