AFFIN-C6

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

AFFIN-C6: CW AFFIN BANK 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 AFFIN BANK BERHAD ("AFFIN") ("AFFIN SHARES") WITH AN EXERCISE RATIO OF 3 CALL WARRANTS : 1 AFFIN SHARE ("AFFIN-C6")

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

AFFIN-C6 is constituted by the Deed Poll dated 24 August 2022 executed by us, as supplemented from time to time. The AFFIN-C6 is subject to the terms and conditions of the Base Prospectus dated 29 August 2022, First Supplementary Base Prospectus dated 14 December 2022, Second Supplementary Base Prospectus dated 13 February 2023 and the Term Sheet for the AFFIN-C6 dated 09 June 2023.

A summary of the principal terms of the AFFIN-C6 is set out in Table 1.


This announcement is dated 09 June 2023. 




Please refer attachment below.



Announcement Info

Company Name AFFIN-C6: CW AFFIN BANK BERHAD (AM)
Stock Name AFFIN-C6
Date Announced 09 Jun 2023
Category General Announcement for PLC
Reference Number GA1-08062023-00006