STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| 99SMART-C1: CW 99 SPEED MART RETAIL HOLDINGS 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 99 SPEED MART RETAIL HOLDINGS BERHAD ("99SMART") ("99SMART-C1") |
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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 99SMART.
The 99SMART-C1 is constituted by the Deed Poll dated 8 April 2025 executed by us, as supplemented from time to time. The 99SMART-C1 is subject to the terms and conditions of the Base Prospectus dated 14 April 2025 and the Term Sheet for the 99SMART-C1 dated 21 April 2025.
The 99SMART-C1 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the 99SMART-C1 is set out in the attachment.
This announcement is dated 21 April 2025.
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Please refer attachment below.
Announcement Info
| Company Name | 99SMART-C1: CW 99 SPEED MART RETAIL HOLDINGS BERHAD (CIMB) |
| Stock Name | 99SMART-C1 |
| Date Announced | 21 Apr 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18042025-00013 |