STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
DNEX-C14: CW DAGANG NEXCHANGE 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 DAGANG NEXCHANGE BERHAD ("DNEX") ("DNEX-C14") |
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 DNEX.
The DNEX-C14 is constituted by the Deed Poll dated 18 April 2022 executed by us, as supplemented from time to time. The DNEX-C14 is subject to the terms and conditions of the Base Prospectus dated 22 April 2022, the First Supplementary Base Prospectus dated 3 June 2022, the Second Supplementary Base Prospectus dated 19 July 2022, the Third Supplementary Base Prospectus dated 6 September 2022, the Fourth Supplementary Base Prospectus dated 15 December 2022 and the Term Sheet for the DNEX-C14 dated 26 January 2023.
The DNEX-C14 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the DNEX-C14 is set out in the attachment.
This announcement is dated 26 January 2023. |
Please refer attachment below.
Announcement Info
Company Name | DNEX-C14: CW DAGANG NEXCHANGE BERHAD (CIMB) |
Stock Name | DNEX-C14 |
Date Announced | 26 Jan 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-25012023-00014 |