MAYBANKC76

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

MAYBANKC76: CW MALAYAN BANKING BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
CIMB BANK BERHAD ("CIMB BANK")

PROPOSED ISSUE OF UP TO 150,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MALAYAN BANKING BERHAD ("MAYBANK") ("MAYBANKC76")

We are pleased to announce the proposed issue by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in MAYBANK.

 

The MAYBANKC76 is constituted by the Deed Poll dated 5 May 2020 executed by us, as supplemented from time to time. The MAYBANKC76 is subject to the terms and conditions of the Base Prospectus dated 14 May 2020, the First Supplementary Base Prospectus dated 24 June 2020, the Second Supplementary Base Prospectus dated 17 July 2020 and the Third Supplementary Base Prospectus dated 20 October 2020 and the Term Sheet for the MAYBANKC76 dated 12 January 2021.

 

The MAYBANKC76 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the MAYBANKC76 is set out in the attachment.

 

This announcement is dated 12 January 2021.




Please refer attachment below.



Announcement Info

Company Name MAYBANKC76: CW MALAYAN BANKING BERHAD (CIMB)
Stock Name MAYBANKC76
Date Announced 12 Jan 2021
Category General Announcement for PLC
Reference Number GA1-11012021-00033