STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
TOPGLOV-HD: PW TOP GLOVE CORPORATION BHD (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 PUT WARRANTS OVER THE ORDINARY SHARES OF TOP GLOVE CORPORATION BHD ("TOPGLOV") ("TOPGLOV SHARE(S)") ("TOPGLOV-HD") |
We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled put warrants over the TOPGLOV Shares. TOPGLOV-HD is constituted by the Deed Poll dated 9 December 2020 executed by us for the Structured Warrants, as supplemented from time to time. TOPGLOV-HD is subject to the terms and conditions of the Base Prospectus dated 15 December 2020 and the Term Sheet dated 20 January 2021. TOPGLOV-HD is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of TOPGLOV-HD is set out in the attachment. |
Please refer attachment below.
Announcement Info
Company Name | TOPGLOV-HD: PW TOP GLOVE CORPORATION BHD (MIBB) |
Stock Name | TOPGLOV-HD |
Date Announced | 20 Jan 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-19012021-00079 |