TOPGLOV-HK

0.055

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TOPGLOV-HK: PW TOP GLOVE CORPORATION BHD (AFFIN)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
AFFIN HWANG INVESTMENT BANK BERHAD ("AFFIN HWANG IB")

PROPOSED ISSUE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER ORDINARY SHARES OF TOP GLOVE CORPORATION BERHAD ("TOPGLOV") ("TOPGLOV-HK")

We are pleased to announce the offering by Affin Hwang IB of up to 100,000,000 non-collateralised European-style cash settled put warrants over ordinary shares of TOPGLOV by way of market making.

 

TOPGLOV-HK is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

 

TOPGLOV-HK is constituted by the Deed Poll dated 15 September 2022. TOPGLOV-HK is subject to the terms and conditions of the Base Prospectus dated 21 September 2022, the First Supplementary Base Prospectus dated 30 November 2022, the Second Supplementary Base Prospectus dated 3 March 2023, the Third Supplementary Base Prospectus dated 10 May 2023, the Fourth Supplementary Base Prospectus dated 16 June 2023 and the Term Sheet for TOPGLOV-HK dated 22 June 2023.

 

A summary of the principal terms of the TOPGLOV-HK is set out in the attachment.




Please refer attachment below.

Attachments

Table 1 - TOPGLOV-HK.pdf
85.2 kB



Announcement Info

Company Name TOPGLOV-HK: PW TOP GLOVE CORPORATION BHD (AFFIN)
Stock Name TOPGLOV-HK
Date Announced 22 Jun 2023
Category General Announcement for PLC
Reference Number GA1-20062023-00041