DNEX-C14

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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.

Attachments

Table (Launching) - DNEX CW.pdf
109.2 kB



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