AMBANK-C24

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

AMBANK-C24: CW AMMB HOLDINGS BERHAD (KIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
KENANGA INVESTMENT BANK BERHAD ("KIBB")

PROPOSED ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF AMMB HOLDINGS BERHAD ("AMBANK") ("AMBANK-C24")

We are pleased to announce the proposed issue by KIBB of up to 35,000,000 European style non-collateralised cash-settled call warrants over the ordinary shares of AMBANK.

 

The AMBANK-C24 is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The AMBANK-C24 is subject to terms and conditions of the Base Prospectus dated 18 May 2020, the First Supplementary Base Prospectus dated 9 October 2020 and the Term Sheet dated 2 December 2020.

 

The AMBANK-C24 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 18 May 2020 and the First Supplementary Base Prospectus dated 9 October 2020.

 

A summary of principal terms of the AMBANK-C24 is set out in Table 1.

 

This announcement is dated 2 December 2020.




Please refer attachment below.

Attachments

AMBANK-C24 TERM SHEET.pdf
485.7 kB



Announcement Info

Company Name AMBANK-C24: CW AMMB HOLDINGS BERHAD (KIBB)
Stock Name AMBANK-C24
Date Announced 02 Dec 2020
Category General Announcement for PLC
Reference Number GA1-01122020-00109