MI-C27

0.090

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

MI-C27: CW MI TECHNOVATION 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 MI TECHNOVATION BERHAD ("MI") ("MI SHARES") WITH AN EXERCISE RATIO OF 5 CALL WARRANTS : 1 MI SHARE ("MI-C27")

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

MI-C27 is constituted by the Deed Poll dated 06 November 2024 executed by us, as supplemented from time to time. The MI-C27 is subject to the terms and conditions of the Base Prospectus dated 15 November 2024, First Supplementary Base Prospectus dated 15 January 2025 and the Term Sheet for the MI-C27 dated 23 January 2025.

A summary of the principal terms of the MI-C27 is set out in Table 1.


This announcement is dated 23 January 2025. 




Please refer attachment below.



Announcement Info

Company Name MI-C27: CW MI TECHNOVATION BERHAD (AM)
Stock Name MI-C27
Date Announced 23 Jan 2025
Category General Announcement for PLC
Reference Number GA1-22012025-00038