MAYBANKC1K

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

MAYBANKC1K: CW MALAYAN BANKING 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 MALAYAN BANKING BERHAD ("MAYBANK") ("MAYBANK SHARES") WITH AN EXERCISE RATIO OF 10 CALL WARRANTS : 1 MAYBANK SHARE ("MAYBANKC1K")

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

MAYBANKC1K is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The MAYBANKC1K is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, First Supplementary Base Prospectus dated 13 October 2023, Second Supplementary Base Prospectus dated 06 December 2023, Third Supplementary Base Prospectus dated 16 January 2024 and the Term Sheet for the MAYBANKC1K dated 22 January 2024.

A summary of the principal terms of the MAYBANKC1K is set out in Table 1.


This announcement is dated 22 January 2024. 




Please refer attachment below.



Announcement Info

Company Name MAYBANKC1K: CW MALAYAN BANKING BERHAD (AM)
Stock Name MAYBANKC1K
Date Announced 22 Jan 2024
Category General Announcement for PLC
Reference Number GA1-18012024-00045