TOPGLOV-HD

0.195

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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.

Attachments

Table_TOPGLOV-HD.pdf
96.6 kB



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