STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| ECONBHD-CE: CW ECONPILE HOLDINGS BERHAD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF ECONPILE HOLDINGS BERHAD ("ECONBHD") ("ECONBHD SHARES") WITH AN EXERCISE RATIO OF 4 CALL WARRANTS : 1 ECONBHD SHARE ("ECONBHD-CE") |
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With reference to the above, AmInvestment Bank Berhad (“AmInvestment Bank” or the “Adviser”) on behalf of AmBank, is pleased to announce the proposed issue by AmBank of up to 35,000,000 European style non-collateralised cash settled call warrants over ordinary shares of ECONBHD, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. ECONBHD-CE is constituted by the Deed Poll dated 25 November 2016 executed by us, as supplemented from time to time. The ECONBHD-CE is subject to the terms and conditions of the Base Prospectus dated 1 December 2016, the First Supplementary Base Prospectus dated 3 April 2017, the Second Supplementary Base Prospectus dated 1 August 2017 and the Term Sheet for the ECONBHD-CE dated 3 August 2017. A summary of the principal terms of the ECONBHD-CE is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | ECONBHD-CE: CW ECONPILE HOLDINGS BERHAD (AM) |
| Stock Name | ECONBHD-CE |
| Date Announced | 03 Aug 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01082017-00073 |