TALIWRK-CK

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TALIWRK-CK: CW TALIWORKS CORPORATION 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 TALIWORKS CORPORATION BERHAD ("TALIWRK") ("TALIWRK SHARES") WITH AN EXERCISE RATIO OF 1.5 CALL WARRANTS : 1 TALIWRK SHARE ("TALIWRK-CK")

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

TALIWRK-CK is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The TALIWRK-CK 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, Third Supplementary Base Prospectus dated 21 March 2022 and the Term Sheet for the TALIWRK-CK dated 15 July 2022.

A summary of the principal terms of the TALIWRK-CK is set out in Table 1.


This announcement is dated 15 July 2022.




Please refer attachment below.



Announcement Info

Company Name TALIWRK-CK: CW TALIWORKS CORPORATION BERHAD (AM)
Stock Name TALIWRK-CK
Date Announced 15 Jul 2022
Category General Announcement for PLC
Reference Number GA1-13072022-00019