STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
PCHEM-C61: CW PETRONAS CHEMICALS GROUP 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 CALL WARRANTS OVER THE ORDINARY SHARES OF PETRONAS CHEMICALS GROUP BERHAD ("PCHEM") ("PCHEM SHARE(S)") ("PCHEM-C61") |
We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the PCHEM Shares. PCHEM-C61 is constituted by the Deed Poll dated 9 December 2020 executed by us for the Structured Warrants, as supplemented from time to time. PCHEM-C61 is subject to the terms and conditions of the Base Prospectus dated 15 December 2020 and the Term Sheet dated 25 January 2021. PCHEM-C61 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of PCHEM-C61 is set out in the attachment. |
Please refer attachment below.
Announcement Info
Company Name | PCHEM-C61: CW PETRONAS CHEMICALS GROUP BHD (MIBB) |
Stock Name | PCHEM-C61 |
Date Announced | 25 Jan 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-22012021-00064 |