DRBHCOMC1N

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

DRBHCOMC1N: CW DRB-HICOM BERHAD (MIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") 

PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOM SHARE(S)") ("DRBHCOMC1N")

We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the DRBHCOM shares.

DRBHCOMC1N is constituted by the Deed Poll dated 8 November 2019 executed by us for the Structured Warrants, as supplemented from time to time. DRBHCOMC1N is subject to the terms and conditions of the Base Prospectus dated 15 November 2019, the First Supplementary Base Prospectus dated 21 May 2020, the Second Supplementary Base Prospectus dated 21 September 2020 and the Term Sheet dated 25 September 2020.

DRBHCOMC1N is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of DRBHCOMC1N is set out in the attachment.




Please refer attachment below.

Attachments

Table_DRBHCOMC1N.pdf
96.8 kB



Announcement Info

Company Name DRBHCOMC1N: CW DRB-HICOM BERHAD (MIBB)
Stock Name DRBHCOMC1N
Date Announced 25 Sep 2020
Category General Announcement for PLC
Reference Number GA1-24092020-00037