DRBHCOMC2F

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

DRBHCOMC2F: CW DRB-HICOM 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 DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOMC2F")

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 DRBHCOM.

 

The DRBHCOMC2F is constituted by the Deed Poll dated 16 April 2021 executed by us, as supplemented from time to time. The DRBHCOMC2F is subject to the terms and conditions of the Base Prospectus dated 28 April 2021, the First Supplementary Base Prospectus dated 16 August 2021, the Second Supplementary Base Prospectus dated 13 January 2022 and the Term Sheet for the DRBHCOMC2F dated 21 January 2022.

 

The DRBHCOMC2F is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the DRBHCOMC2F is set out in the attachment.

 

This announcement is dated 21 January 2022.




Please refer attachment below.



Announcement Info

Company Name DRBHCOMC2F: CW DRB-HICOM BERHAD (CIMB)
Stock Name DRBHCOMC2F
Date Announced 21 Jan 2022
Category General Announcement for PLC
Reference Number GA1-20012022-00053