WPRTS-C11

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

WPRTS-C11: CW WESTPORTS HOLDINGS 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 WESTPORTS HOLDINGS BERHAD ("WPRTS") ("WPRTS-C11")

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 WPRTS.

 

The WPRTS-C11 is constituted by the Deed Poll dated 16 April 2021 executed by us, as supplemented from time to time. The WPRTS-C11 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, the Third Supplementary Base Prospectus dated 4 March 2022 and the Term Sheet for the WPRTS-C11 dated 1 April 2022.

 

The WPRTS-C11 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the WPRTS-C11 is set out in the attachment.

 

This announcement is dated 1 April 2022.




Please refer attachment below.

Attachments

Table (Launching) - WPRTS CW.pdf
110.1 kB



Announcement Info

Company Name WPRTS-C11: CW WESTPORTS HOLDINGS BERHAD (CIMB)
Stock Name WPRTS-C11
Date Announced 01 Apr 2022
Category General Announcement for PLC
Reference Number GA1-31032022-00053