SUNWAY-C34

0.005

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

SUNWAY-C34: CW SUNWAY 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 SUNWAY BERHAD ("SUNWAY") ("SUNWAY-C34")

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 SUNWAY.

 

The SUNWAY-C34 is constituted by the Deed Poll dated 9 April 2024 executed by us, as supplemented from time to time. The SUNWAY-C34 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 SUNWAY-C34 dated 1 November 2024.

 

The SUNWAY-C34 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the SUNWAY-C34 is set out in the attachment.

 

This announcement is dated 1 November 2024.

 




Please refer attachment below.



Announcement Info

Company Name SUNWAY-C34: CW SUNWAY BERHAD (CIMB)
Stock Name SUNWAY-C34
Date Announced 01 Nov 2024
Category General Announcement for PLC
Reference Number GA1-29102024-00024