STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
FRONTKN-C22: CW FRONTKEN CORPORATION 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 FRONTKEN CORPORATION BERHAD ("FRONTKN") ("FRONTKN-C22") |
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 FRONTKN.
The FRONTKN-C22 is constituted by the Deed Poll dated 18 April 2022 executed by us, as supplemented from time to time. The FRONTKN-C22 is subject to the terms and conditions of the Base Prospectus dated 22 April 2022, the First Supplementary Base Prospectus dated 3 June 2022, the Second Supplementary Base Prospectus dated 19 July 2022, the Third Supplementary Base Prospectus dated 6 September 2022 and the Term Sheet for the FRONTKN-C22 dated 12 September 2022.
The FRONTKN-C22 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the FRONTKN-C22 is set out in the attachment.
This announcement is dated 12 September 2022. |
Please refer attachment below.
Announcement Info
Company Name | FRONTKN-C22: CW FRONTKEN CORPORATION BERHAD (CIMB) |
Stock Name | FRONTKN-C22 |
Date Announced | 12 Sep 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-09092022-00049 |