TIMECOM-C4

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TIMECOM-C4: CW TIME DOTCOM BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TIME DOTCOM BERHAD ("TIMECOM") ("TIMECOM SHARES") WITH AN EXERCISE RATIO OF 6 CALL WARRANTS : 1 TIMECOM SHARE ("TIMECOM-C4")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of TIMECOM, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

TIMECOM-C4 is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The TIMECOM-C4 is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, First Supplementary Base Prospectus dated 13 October 2023 and the Term Sheet for the TIMECOM-C4 dated 31 October 2023.

A summary of the principal terms of the TIMECOM-C4 is set out in Table 1.


This announcement is dated 31 October 2023. 




Please refer attachment below.



Announcement Info

Company Name TIMECOM-C4: CW TIME DOTCOM BERHAD (AM)
Stock Name TIMECOM-C4
Date Announced 31 Oct 2023
Category General Announcement for PLC
Reference Number GA1-27102023-00020