DRBHCOMC3C

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

DRBHCOMC3C: CW DRB-HICOM 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 DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOMC3C")

 

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 DRBHCOM.

 

The DRBHCOMC3C is constituted by the Deed Poll dated 12 April 2023 executed by us, as supplemented from time to time. The DRBHCOMC3C is subject to the terms and conditions of the Base Prospectus dated 17 April 2023, the First Supplementary Base Prospectus dated 19 May 2023, the Second Supplementary Base Prospectus dated 23 August 2023, the Third Supplementary Base Prospectus dated 27 October 2023, the Fourth Supplementary Base Prospectus dated 1 December 2023 and the Term Sheet for the DRBHCOMC3C dated 23 January 2024.

 

The DRBHCOMC3C is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the DRBHCOMC3C is set out in the attachment.

 

This announcement is dated 23 January 2024.

 




Please refer attachment below.



Announcement Info

Company Name DRBHCOMC3C: CW DRB-HICOM BERHAD (CIMB)
Stock Name DRBHCOMC3C
Date Announced 23 Jan 2024
Category General Announcement for PLC
Reference Number GA1-22012024-00055