GENTINGC99

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

GENTINGC99: CW GENTING BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GENTING BERHAD ("GENTING") ("GENTING SHARES") WITH AN EXERCISE RATIO OF 9 CALL WARRANTS : 1 GENTING SHARE ("GENTINGC99")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of GENTING, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

 

GENTINGC99 is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The GENTINGC99 is subject to the terms and conditions of the Base Prospectus dated 13 August 2020 and the Term Sheet for the GENTINGC99 dated 22 January 2021.

 

A summary of the principal terms of the GENTINGC99 is set out in Table 1.


This announcement is dated 22 January 2021.




Please refer attachment below.



Announcement Info

Company Name GENTINGC99: CW GENTING BERHAD (AM)
Stock Name GENTINGC99
Date Announced 22 Jan 2021
Category General Announcement for PLC
Reference Number GA1-20012021-00086