TOPGLOV-C5C

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TOPGLOV-C5C: CW TOP GLOVE CORPORATION BHD (AFFIN)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
AFFIN HWANG INVESTMENT BANK BERHAD ("AFFIN HWANG IB")

PROPOSED ISSUE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TOP GLOVE CORPORATION BHD ("TOPGLOV") ("TOPGLOV-C5C")

We are pleased to announce the offering by Affin Hwang IB of up to 100,000,000 non-collateralised European-style cash settled call warrants over ordinary shares of TOPGLOV by way of market making.

 

TOPGLOV-C5C is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

 

TOPGLOV-C5C is constituted by the Deed Poll dated 22 October 2024. TOPGLOV-C5C is subject to the terms and conditions of the Base Prospectus dated 30 October 2024, the First Supplementary Base Prospectus dated 2 December 2024 and the Term Sheet for TOPGLOV-C5C dated 14 April 2025.

 

A summary of the principal terms of the TOPGLOV-C5C is set out in the attachment.




Please refer attachment below.

Attachments

Table 1 - TOPGLOV-C5C.pdf
86.1 kB



Announcement Info

Company Name TOPGLOV-C5C: CW TOP GLOVE CORPORATION BHD (AFFIN)
Stock Name TOPGLOV-C5C
Date Announced 14 Apr 2025
Category General Announcement for PLC
Reference Number GA1-11042025-00043