STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| PCHEM-C98: CW PETRONAS CHEMICALS GROUP BERHAD (CIMB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | CIMB BANK BERHAD ("CIMB BANK")
PROPOSED ISSUE OF UP TO 150,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PETRONAS CHEMICALS GROUP BERHAD ("PCHEM") ("PCHEM-C98") |
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We are pleased to announce the proposed issue by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in PCHEM.
The PCHEM-C98 is constituted by the Deed Poll dated 9 April 2024 executed by us, as supplemented from time to time. The PCHEM-C98 is subject to the terms and conditions of the Base Prospectus dated 18 April 2024, the First Supplementary Base Prospectus dated 23 July 2024 and the Term Sheet for the PCHEM-C98 dated 18 July 2024.
The PCHEM-C98 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the PCHEM-C98 is set out in the attachment.
This announcement is dated 18 July 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | PCHEM-C98: CW PETRONAS CHEMICALS GROUP BERHAD (CIMB) |
| Stock Name | PCHEM-C98 |
| Date Announced | 18 Jul 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17072024-00018 |