HAPSENG-CW

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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")

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.




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