ITMAX-CS

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

ITMAX-CS: CW ITMAX SYSTEM 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 ITMAX SYSTEM BERHAD ("ITMAX") ("ITMAX SHARES") WITH AN EXERCISE RATIO OF 5 CALL WARRANTS : 1 ITMAX SHARE ("ITMAX-CS")

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

ITMAX-CS is constituted by the Deed Poll dated 06 November 2024 executed by us, as supplemented from time to time. The ITMAX-CS is subject to the terms and conditions of the Base Prospectus dated 15 November 2024, First Supplementary Base Prospectus dated 15 January 2025, Second Supplementary Base Prospectus dated 20 March 2025, Third Supplementary Base Prospectus dated 18 April 2025 and the Term Sheet for the ITMAX-CS dated 20 May 2025.

A summary of the principal terms of the ITMAX-CS is set out in Table 1.


This announcement is dated 20 May 2025




Please refer attachment below.



Announcement Info

Company Name ITMAX-CS: CW ITMAX SYSTEM BERHAD (AM)
Stock Name ITMAX-CS
Date Announced 20 May 2025
Category General Announcement for PLC
Reference Number GA1-16052025-00080