LHI-C13

0.005

-0.005 (-50%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

LHI-C13: CW LEONG HUP INTERNATIONAL BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF LEONG HUP INTERNATIONAL BERHAD ("LHI") ("LHI SHARES") WITH AN EXERCISE RATIO OF 1 CALL WARRANT : 1 LHI SHARE ("LHI-C13")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of LHI, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

LHI-C13 is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The LHI-C13 is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, First Supplementary Base Prospectus dated 13 October 2023, Second Supplementary Base Prospectus dated 06 December 2023 and the Term Sheet for the LHI-C13 dated 13 December 2023.

A summary of the principal terms of the LHI-C13 is set out in Table 1.


This announcement is dated 13 December 2023. 




Please refer attachment below.



Announcement Info

Company Name LHI-C13: CW LEONG HUP INTERNATIONAL BERHAD (AM)
Stock Name LHI-C13
Date Announced 13 Dec 2023
Category General Announcement for PLC
Reference Number GA1-12122023-00056