MAYBANKC75

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

MAYBANKC75: CW MALAYAN BANKING BERHAD (KIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
KENANGA INVESTMENT BANK BERHAD (''KIBB'')

PROPOSED ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MALAYAN BANKING BERHAD (''MAYBANK'') (''MAYBANKC75'')

We are pleased to announce the proposed issue by KIBB of up to 35,000,000 European style non-collateralised cash-settled call warrants over the ordinary shares of MAYBANK.

 

The MAYBANKC75 is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The MAYBANKC75 is subject to terms and conditions of the Base Prospectus dated 18 May 2020, the First Supplementary Base Prospectus dated 9 October 2020 and the Term Sheet dated 17 December 2020.

 

The MAYBANKC75 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 18 May 2020 and the First Supplementary Base Prospectus dated 9 October 2020.

 

A summary of principal terms of the MAYBANKC75 is set out in Table 1.

 

This announcement is dated 17 December 2020.




Please refer attachment below.

Attachments

Table 1 - MAYBANKC75.pdf
270.7 kB



Announcement Info

Company Name MAYBANKC75: CW MALAYAN BANKING BERHAD (KIBB)
Stock Name MAYBANKC75
Date Announced 17 Dec 2020
Category General Announcement for PLC
Reference Number GA1-15122020-00116