STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| SUNCON-C32: CW SUNWAY CONSTRUCTION GROUP BERHAD (MIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB")
PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") ("SUNCON SHARE(S)") ("SUNCON-C32") |
|
We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the SUNCON Shares. SUNCON-C32 is constituted by the Deed Poll dated 28 November 2024 executed by us for the Structured Warrants, as supplemented from time to time. SUNCON-C32 is subject to the terms and conditions of the Base Prospectus dated 9 December 2024, the First Supplementary Base Prospectus dated 3 February 2025 and the Term Sheet dated 25 February 2025. SUNCON-C32 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of SUNCON-C32 is set out in the attachment. |
|
Please refer attachment below.
Announcement Info
| Company Name | SUNCON-C32: CW SUNWAY CONSTRUCTION GROUP BERHAD (MIBB) |
| Stock Name | SUNCON-C32 |
| Date Announced | 25 Feb 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24022025-00111 |