FRONTKN-C22

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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