DRBHCOMC1A

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

DRBHCOMC1A: CW DRB-HICOM BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
CIMB BANK BERHAD ("CIMB BANK")

PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOMC1A")

We are pleased to announce the proposed issue by CIMB Bank of up to 50,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in DRBHCOM

 

The DRBHCOMC1A is constituted by the Deed Poll dated 7 May 2019 executed by us, as supplemented from time to time. The DRBHCOMC1A is subject to the terms and conditions of the Base Prospectus dated 9 May 2019, the First Supplementary Base Prospectus dated 12 September 2019 and the Second Supplementary Base Prospectus dated 10 January 2020 and the Term Sheet for the DRBHCOMC1A dated 28 January 2020.

 

The DRBHCOMC1A is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the DRBHCOMC1A is set out in Table 1.

 

This announcement is dated 28 January 2020.




Please refer attachment below.



Announcement Info

Company Name DRBHCOMC1A: CW DRB-HICOM BERHAD (CIMB)
Stock Name DRBHCOMC1A
Date Announced 28 Jan 2020
Category General Announcement for PLC
Reference Number GA1-24012020-00024