ECOWLD-C2

0.060

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

ECOWLD-C2: CW ECO WORLD DEVELOPMENT GROUP BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF ECO WORLD DEVELOPMENT GROUP BERHAD ("ECOWLD") ("ECOWLD SHARES") WITH AN EXERCISE RATIO OF 2 CALL WARRANTS : 1 ECOWLD SHARE ("ECOWLD-C2")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 50,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of ECOWLD, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

ECOWLD-C2 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The ECOWLD-C2 is subject to the terms and conditions of the Base Prospectus dated 17 July 2019, the First Supplementary Base Prospectus dated 26 February 2020 and the Term Sheet for the ECOWLD-C2 dated 09 July 2020.

A summary of the principal terms of the ECOWLD-C2 is set out in Table 1.


This announcement is dated 09 July 2020.




Please refer attachment below.



Announcement Info

Company Name ECOWLD-C2: CW ECO WORLD DEVELOPMENT GROUP BERHAD (AM)
Stock Name ECOWLD-C2
Date Announced 09 Jul 2020
Category General Announcement for PLC
Reference Number GA1-08072020-00018