STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| CIMB-C65: CW CIMB GROUP 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 CIMB GROUP HOLDINGS BERHAD ("CIMB") ("CIMB SHARES") WITH AN EXERCISE RATIO OF 6 CALL WARRANTS : 1 CIMB SHARE ("CIMB-C65") |
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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 CIMB, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. CIMB-C65 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The CIMB-C65 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 CIMB-C65 dated 4 June 2020. A summary of the principal terms of the CIMB-C65 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | CIMB-C65: CW CIMB GROUP HOLDINGS BERHAD (AM) |
| Stock Name | CIMB-C65 |
| Date Announced | 04 Jun 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03062020-00017 |