PETDAG-C4

0.040

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

PETDAG-C4: CW PETRONAS DAGANGAN 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 PETRONAS DAGANGAN BERHAD ("PETDAG") ("PETDAG-C4")

We are pleased to announce the proposed issue by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in PETDAG.

 

The PETDAG-C4 is constituted by the Deed Poll dated 18 April 2022 executed by us, as supplemented from time to time. The PETDAG-C4 is subject to the terms and conditions of the Base Prospectus dated 22 April 2022 and the Term Sheet for the PETDAG-C4 dated 24 May 2022.

 

The PETDAG-C4 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the PETDAG-C4 is set out in the attachment.

 

This announcement is dated 24 May 2022.




Please refer attachment below.



Announcement Info

Company Name PETDAG-C4: CW PETRONAS DAGANGAN BERHAD (CIMB)
Stock Name PETDAG-C4
Date Announced 24 May 2022
Category General Announcement for PLC
Reference Number GA1-23052022-00039