MBSB-C32

0.030

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

MBSB-C32: CW MALAYSIA BUILDING SOCIETY 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 MALAYSIA BUILDING SOCIETY BERHAD ("MBSB") ("MBSB SHARES") WITH AN EXERCISE RATIO OF 2 CALL WARRANTS : 1 MBSB SHARE ("MBSB-C32")

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

MBSB-C32 is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The MBSB-C32 is subject to the terms and conditions of the Base Prospectus dated 13 August 2020 and the Term Sheet for the MBSB-C32 dated 04 September 2020.

A summary of the principal terms of the MBSB-C32 is set out in Table 1.


This announcement is dated 04 September 2020.




Please refer attachment below.



Announcement Info

Company Name MBSB-C32: CW MALAYSIA BUILDING SOCIETY BERHAD (AM)
Stock Name MBSB-C32
Date Announced 04 Sep 2020
Category General Announcement for PLC
Reference Number GA1-03092020-00026