DNEX-CJ

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

DNEX-CJ: CW DAGANG NEXCHANGE 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 DAGANG NEXCHANGE BERHAD ("DNEX") ("DNEX SHARES") WITH AN EXERCISE RATIO OF 4 CALL WARRANTS : 1 DNEX SHARE ("DNEX-CJ")

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 DNEX, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.    

DNEX-CJ is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The DNEX-CJ is subject to the terms and conditions of the Base Prospectus dated 24 August 2021 and the Term Sheet for the DNEX-CJ dated 03 September 2021.

A summary of the principal terms of the DNEX-CJ is set out in Table 1.


This announcement is dated 03 September 2021.




Please refer attachment below.



Announcement Info

Company Name DNEX-CJ: CW DAGANG NEXCHANGE BERHAD (AM)
Stock Name DNEX-CJ
Date Announced 03 Sep 2021
Category General Announcement for PLC
Reference Number GA1-30082021-00129