STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| DRBHCOMC2H: 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") ("DRBHCOMC2H") |
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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 DRBHCOMC2H is constituted by the Deed Poll dated 18 April 2022 executed by us, as supplemented from time to time. The DRBHCOMC2H is subject to the terms and conditions of the Base Prospectus dated 22 April 2022 and the Term Sheet for the DRBHCOMC2H dated 24 May 2022.
The DRBHCOMC2H is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the DRBHCOMC2H is set out in the attachment.
This announcement is dated 24 May 2022. |
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Please refer attachment below.
Announcement Info
| Company Name | DRBHCOMC2H: CW DRB-HICOM BERHAD (CIMB) |
| Stock Name | DRBHCOMC2H |
| Date Announced | 24 May 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23052022-00042 |