STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| SIME-C80: CW SIME DARBY 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 SIME DARBY BERHAD ("SIME") ("SIME SHARES") WITH AN EXERCISE RATIO OF 4 CALL WARRANTS : 1 SIME SHARE ("SIME-C80") |
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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 SIME, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. SIME-C80 is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The SIME-C80 is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, the First Supplementary Base Prospectus dated 13 October 2023, the Second Supplementary Base Prospectus dated 06 December 2023, the Third Supplementary Base Prospectus dated 16 January 2024, the Fourth Supplementary Base Prospectus dated 14 March 2024 and the Term Sheet for the SIME-C80 dated 10 May 2024. A summary of the principal terms of the SIME-C80 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | SIME-C80: CW SIME DARBY BERHAD (AM) |
| Stock Name | SIME-C80 |
| Date Announced | 10 May 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09052024-00032 |