STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| HENGYUANC41: CW HENGYUAN REFINING COMPANY 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 HENGYUAN REFINING COMPANY BERHAD ("HENGYUAN") ("HENGYUAN SHARES") WITH AN EXERCISE RATIO OF 15 CALL WARRANTS : 1 HENGYUAN SHARE ("HENGYUANC41") |
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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 HENGYUAN, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. HENGYUANC41 is constituted by the Deed Poll dated 24 August 2022 executed by us, as supplemented from time to time. The HENGYUANC41 is subject to the terms and conditions of the Base Prospectus dated 29 August 2022 and the Term Sheet for the HENGYUANC41 dated 09 September 2022. A summary of the principal terms of the HENGYUANC41 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | HENGYUANC41: CW HENGYUAN REFINING COMPANY BERHAD (AM) |
| Stock Name | HENGYUANC41 |
| Date Announced | 09 Sep 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08092022-00020 |