STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| MAYBANKC1W: CW MALAYAN BANKING 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 MALAYAN BANKING BERHAD ("MAYBANK") ("MAYBANKC1W") |
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We are pleased to announce the offering by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in MAYBANK.
The MAYBANKC1W is constituted by the Deed Poll dated 9 April 2024 executed by us, as supplemented from time to time. The MAYBANKC1W is subject to the terms and conditions of the Base Prospectus dated 18 April 2024, the First Supplementary Base Prospectus dated 23 July 2024, the Second Supplementary Base Prospectus dated 30 August 2024, the Third Supplementary Base Prospectus dated 22 January 2025, the Fourth Supplementary Base Prospectus dated 3 March 2025 and the Term Sheet for the MAYBANKC1W dated 13 March 2025.
The MAYBANKC1W is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the MAYBANKC1W is set out in the attachment.
This announcement is dated 13 March 2025.
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Please refer attachment below.
Announcement Info
| Company Name | MAYBANKC1W: CW MALAYAN BANKING BERHAD (CIMB) |
| Stock Name | MAYBANKC1W |
| Date Announced | 13 Mar 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12032025-00022 |