SERBADK-C9

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

SERBADK-C9: CW SERBA DINAMIK HOLDINGS 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 SERBA DINAMIK HOLDINGS BERHAD ("SERBADK") ("SERBADK SHARES") WITH AN EXERCISE RATIO OF 3.5 CALL WARRANTS : 1 SERBADK SHARE ("SERBADK-C9")

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 SERBADK, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.         

SERBADK-C9 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The SERBADK-C9 is subject to the terms and conditions of the Base Prospectus dated 17 July 2019, the First Supplementary Base Prospectus dated 26 February 2020 and the Term Sheet for the SERBADK-C9 dated 14 May 2020.

A summary of the principal terms of the SERBADK-C9 is set out in Table 1.


This announcement is dated 14 May 2020.




Please refer attachment below.



Announcement Info

Company Name SERBADK-C9: CW SERBA DINAMIK HOLDINGS BERHAD (AM)
Stock Name SERBADK-C9
Date Announced 14 May 2020
Category General Announcement for PLC
Reference Number GA1-13052020-00073