MBSB-C73

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

MBSB-C73: CW MBSB 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 MBSB BERHAD ("MBSB") ("MBSB SHARES") WITH AN EXERCISE RATIO OF 1.5 CALL WARRANTS : 1 MBSB SHARE ("MBSB-C73")

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

MBSB-C73 is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The MBSB-C73 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, Fourth Supplementary Base Prospectus dated 14 March 2024, Fifth Supplementary Base Prospectus dated 02 July 2024 and the Term Sheet for the MBSB-C73 dated 22 August 2024.

A summary of the principal terms of the MBSB-C73 is set out in Table 1.


This announcement is dated 22 August 2024. 




Please refer attachment below.



Announcement Info

Company Name MBSB-C73: CW MBSB BERHAD (AM)
Stock Name MBSB-C73
Date Announced 22 Aug 2024
Category General Announcement for PLC
Reference Number GA1-21082024-00068