STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
DNEX-CV: CW DAGANG NEXCHANGE BERHAD (MIBB) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF DAGANG NEXCHANGE BERHAD ("DNEX") ("DNEX SHARE(S)") ("DNEX-CV") |
We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the DNEX Shares. DNEX-CV is constituted by the Deed Poll dated 15 December 2021 executed by us for the Structured Warrants, as supplemented from time to time. DNEX-CV is subject to the terms and conditions of the Base Prospectus dated 20 December 2021, the First Supplementary Base Prospectus dated 27 January 2022 and the Term Sheet dated 17 March 2022. DNEX-CV is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of DNEX-CV is set out in the attachment. |
Please refer attachment below.
Announcement Info
Company Name | DNEX-CV: CW DAGANG NEXCHANGE BERHAD (MIBB) |
Stock Name | DNEX-CV |
Date Announced | 17 Mar 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-16032022-00025 |