SIMEPROP-CU

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

SIMEPROP-CU: CW SIME DARBY PROPERTY 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 SIME DARBY PROPERTY BERHAD ("SIMEPROP") ("SIMEPROP SHARES") WITH AN EXERCISE RATIO OF 2.5 CALL WARRANTS : 1 SIMEPROP SHARE ("SIMEPROP-CU")

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

SIMEPROP-CU is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The SIMEPROP-CU 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 SIMEPROP-CU dated 4 June 2020.

A summary of the principal terms of the SIMEPROP-CU is set out in Table 1.


This announcement is dated 04 June 2020.




Please refer attachment below.



Announcement Info

Company Name SIMEPROP-CU: CW SIME DARBY PROPERTY BERHAD (AM)
Stock Name SIMEPROP-CU
Date Announced 04 Jun 2020
Category General Announcement for PLC
Reference Number GA1-03062020-00023