MAYBANKC88

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

MAYBANKC88: CW MALAYAN BANKING 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 MALAYAN BANKING BERHAD ("MAYBANK") ("MAYBANK SHARES") WITH AN EXERCISE RATIO OF 12 CALL WARRANTS : 1 MAYBANK SHARE ("MAYBANKC88")

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

MAYBANKC88 is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The MAYBANKC88 is subject to the terms and conditions of the Base Prospectus dated 24 August 2021, First Supplementary Base Prospectus dated 25 October 2021, Second Supplementary Base Prospectus dated 20 January 2022 and the Term Sheet for the MAYBANKC88 dated 21 February 2022.

A summary of the principal terms of the MAYBANKC88 is set out in Table 1.


This announcement is dated 21 February 2022.




Please refer attachment below.



Announcement Info

Company Name MAYBANKC88: CW MALAYAN BANKING BERHAD (AM)
Stock Name MAYBANKC88
Date Announced 21 Feb 2022
Category General Announcement for PLC
Reference Number GA1-17022022-00070