BAUTO-C22

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

BAUTO-C22: CW BERMAZ AUTO BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
CIMB BANK BERHAD ("CIMB BANK")

PROPOSED ISSUE OF UP TO 150,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF BERMAZ AUTO BERHAD ("BAUTO") ("BAUTO-C22")

We are pleased to announce the proposed issue by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in BAUTO.

 

The BAUTO-C22 is constituted by the Deed Poll dated 16 April 2021 executed by us, as supplemented from time to time. The BAUTO-C22 is subject to the terms and conditions of the Base Prospectus dated 28 April 2021 and the Term Sheet for the BAUTO-C22 dated 30 July 2021.

 

The BAUTO-C22 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the BAUTO-C22 is set out in the attachment.

 

This announcement is dated 30 July 2021.

 




Please refer attachment below.

Attachments

Table (Launching) - BAUTO CW.pdf
110.0 kB



Announcement Info

Company Name BAUTO-C22: CW BERMAZ AUTO BERHAD (CIMB)
Stock Name BAUTO-C22
Date Announced 30 Jul 2021
Category General Announcement for PLC
Reference Number GA1-29072021-00190