SPSETIA-C56

0.025

-0.005 (-16.7%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

SPSETIA-C56: CW S P SETIA 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 S P SETIA BERHAD ("SPSETIA") ("SPSETIA-C56")

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 SPSETIA.

 

The SPSETIA-C56 is constituted by the Deed Poll dated 18 April 2022 executed by us, as supplemented from time to time. The SPSETIA-C56 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 SPSETIA-C56 dated 22 September 2022.

 

The SPSETIA-C56 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the SPSETIA-C56 is set out in the attachment.

 

This announcement is dated 22 September 2022.




Please refer attachment below.



Announcement Info

Company Name SPSETIA-C56: CW S P SETIA BERHAD (CIMB)
Stock Name SPSETIA-C56
Date Announced 22 Sep 2022
Category General Announcement for PLC
Reference Number GA1-20092022-00032