STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| UMW-C33: CW UMW HOLDINGS 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 UMW HOLDINGS BERHAD ("UMW") ("UMW SHARES") WITH AN EXERCISE RATIO OF 7 CALL WARRANTS : 1 UMW SHARE ("UMW-C33") |
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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 UMW, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. UMW-C33 is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The UMW-C33 is subject to the terms and conditions of the Base Prospectus dated 13 August 2020, First Supplementary Base Prospectus dated 23 April 2021, Second Supplementary Base Prospectus dated 28 June 2021 and the Term Sheet for the UMW-C33 dated 07 July 2021. A summary of the principal terms of the UMW-C33 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | UMW-C33: CW UMW HOLDINGS BERHAD (AM) |
| Stock Name | UMW-C33 |
| Date Announced | 07 Jul 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05072021-00019 |