STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| HAPSENG-CW: CW HAP SENG CONSOLIDATED BERHAD (CIMB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | CIMB BANK BERHAD ("CIMB BANK")
PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF HAP SENG CONSOLIDATED BERHAD ("HAPSENG") ("HAPSENG-CW") |
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We are pleased to announce the proposed issue by CIMB Bank of up to 50,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in HAPSENG
The HAPSENG-CW is constituted by the Deed Poll dated 27 April 2017 executed by us, as supplemented from time to time. The HAPSENG-CW is subject to the terms and conditions of the Base Prospectus dated 5 May 2017, the First Supplementary Base Prospectus dated 25 October 2017 and the Second Supplementary Base Prospectus dated 21 December 2017 and the Term Sheet for the HAPSENG-CW dated 12 February 2018.
The HAPSENG-CW is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the HAPSENG-CW is set out in Table 1.
This announcement is dated 12 February 2018. |
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Please refer attachment below.
Announcement Info
| Company Name | HAPSENG-CW: CW HAP SENG CONSOLIDATED BERHAD (CIMB) |
| Stock Name | HAPSENG-CW |
| Date Announced | 12 Feb 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11022018-00014 |