99SMART-CN

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

99SMART-CN: CW 99 SPEED MART RETAIL HOLDINGS 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 99 SPEED MART RETAIL HOLDINGS BERHAD ("99SMART") ("99SMART-CN")

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 99SMART.

 

The 99SMART-CN is constituted by the Deed Poll dated 9 April 2024 executed by us, as supplemented from time to time. The 99SMART-CN 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 Second Supplementary Base Prospectus dated 30 August 2024 and the Term Sheet for the 99SMART-CN dated 4 October 2024.

 

The 99SMART-CN is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the 99SMART-CN is set out in the attachment.

 

This announcement is dated 4 October 2024.




Please refer attachment below.



Announcement Info

Company Name 99SMART-CN: CW 99 SPEED MART RETAIL HOLDINGS BERHAD (CIMB)
Stock Name 99SMART-CN
Date Announced 04 Oct 2024
Category General Announcement for PLC
Reference Number GA1-02102024-00042