PCHEM-C75

0.010

-0.005 (-33.3%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

PCHEM-C75: CW PETRONAS CHEMICALS GROUP 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 PETRONAS CHEMICALS GROUP BERHAD ("PCHEM") ("PCHEM-C75")

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 PCHEM.

 

The PCHEM-C75 is constituted by the Deed Poll dated 16 April 2021 executed by us, as supplemented from time to time. The PCHEM-C75 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 PCHEM-C75 dated 21 April 2022.

 

The PCHEM-C75 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the PCHEM-C75 is set out in the attachment.

 

This announcement is dated 21 April 2022.




Please refer attachment below.

Attachments

Table (Launching) - PCHEM CW.pdf
110.0 kB



Announcement Info

Company Name PCHEM-C75: CW PETRONAS CHEMICALS GROUP BERHAD (CIMB)
Stock Name PCHEM-C75
Date Announced 21 Apr 2022
Category General Announcement for PLC
Reference Number GA1-19042022-00009