STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
| BAUTO-C18: CW BERMAZ AUTO BERHAD (CIMB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS |
| Description | ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF BERMAZ AUTO BERHAD ("BAUTO") ("BAUTO-C18") PURSUANT TO THE DECLARATION OF SPECIAL SINGLE TIER DIVIDEND OF 1.75 SEN PER SHARE ("SPECIAL DIVIDEND") |
|
We refer to the announcement made by BAUTO dated 18 June 2021 and our announcement dated 21 June 2021 pertaining to the Special Dividend.
In accordance with Condition 6 of our Deed Poll, the terms and conditions of BAUTO-C18 shall not be adjusted as the adjustments amount to less than 2% of the Exercise Price and Exercise Ratio being changed.
This announcement is dated 13 July 2021. |
|
Announcement Info
| Company Name | BAUTO-C18: CW BERMAZ AUTO BERHAD (CIMB) |
| Stock Name | BAUTO-C18 |
| Date Announced | 13 Jul 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13072021-00047 |