STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| PETDAG-C1: CW PETRONAS DAGANGAN BHD (CIMB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | CIMB BANK BERHAD ("CIMB BANK")
PROPOSED ISSUE OF UP TO 150,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PETRONAS DAGANGAN BERHAD ("PETDAG") ("PETDAG-C1") |
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We are pleased to announce the proposed issue by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in PETDAG.
The PETDAG-C1 is constituted by the Deed Poll dated 5 May 2020 executed by us, as supplemented from time to time. The PETDAG-C1 is subject to the terms and conditions of the Base Prospectus dated 14 May 2020, the First Supplementary Base Prospectus dated 24 June 2020, the Second Supplementary Base Prospectus dated 17 July 2020 and the Third Supplementary Base Prospectus dated 20 October 2020 and the Term Sheet for the PETDAG-C1 dated 6 November 2020.
The PETDAG-C1 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the PETDAG-C1 is set out in the attachment.
This announcement is dated 6 November 2020. |
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Please refer attachment below.
Announcement Info
| Company Name | PETDAG-C1: CW PETRONAS DAGANGAN BHD (CIMB) |
| Stock Name | PETDAG-C1 |
| Date Announced | 06 Nov 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05112020-00027 |