STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| DRBHCOMC87: CW DRB-HICOM BERHAD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOM SHARES") WITH AN EXERCISE RATIO OF 3 CALL WARRANTS : 1 DRBHCOM SHARE ("DRBHCOMC87") |
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With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 35,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of DRBHCOM, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. DRBHCOMC87 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The DRBHCOMC87 is subject to the terms and conditions of the Base Prospectus dated 17 July 2019 and the Term Sheet for the DRBHCOMC87 dated 14 August 2019. A summary of the principal terms of the DRBHCOMC87 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | DRBHCOMC87: CW DRB-HICOM BERHAD (AM) |
| Stock Name | DRBHCOMC87 |
| Date Announced | 14 Aug 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13082019-00028 |