DNEX-C36

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

DNEX-C36: CW DAGANG NEXCHANGE 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 DAGANG NEXCHANGE BERHAD ("DNEX") ("DNEX SHARES") WITH AN EXERCISE RATIO OF 1.5 CALL WARRANTS : 1 DNEX SHARE ("DNEX-C36")

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

DNEX-C36 is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The DNEX-C36 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 DNEX-C36 dated 19 September 2024.

A summary of the principal terms of the DNEX-C36 is set out in Table 1.


This announcement is dated 19 September 2024. 




Please refer attachment below.



Announcement Info

Company Name DNEX-C36: CW DAGANG NEXCHANGE BERHAD (AM)
Stock Name DNEX-C36
Date Announced 19 Sep 2024
Category General Announcement for PLC
Reference Number GA1-18092024-00010