MAHSING-C54

0.390

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

MAHSING-C54: CW MAH SING GROUP 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 MAH SING GROUP BERHAD ("MAHSING") ("MAHSING SHARES") WITH AN EXERCISE RATIO OF 1 CALL WARRANT : 1 MAHSING SHARE ("MAHSING-C54")

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

MAHSING-C54 is constituted by the Deed Poll dated 24 August 2022 executed by us, as supplemented from time to time. The MAHSING-C54 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 MAHSING-C54 dated 16 June 2023.

A summary of the principal terms of the MAHSING-C54 is set out in Table 1.


This announcement is dated 16 June 2023. 




Please refer attachment below.



Announcement Info

Company Name MAHSING-C54: CW MAH SING GROUP BERHAD (AM)
Stock Name MAHSING-C54
Date Announced 16 Jun 2023
Category General Announcement for PLC
Reference Number GA1-15062023-00046