SUNWAY-C17

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

SUNWAY-C17: CW SUNWAY 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 SUNWAY BERHAD ("SUNWAY") ("SUNWAY-C17")

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 SUNWAY.

 

The SUNWAY-C17 is constituted by the Deed Poll dated 12 April 2023 executed by us, as supplemented from time to time. The SUNWAY-C17 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 and the Term Sheet for the SUNWAY-C17 dated 22 September 2023.

 

The SUNWAY-C17 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the SUNWAY-C17 is set out in the attachment.

 

This announcement is dated 22 September 2023.

 




Please refer attachment below.



Announcement Info

Company Name SUNWAY-C17: CW SUNWAY BERHAD (CIMB)
Stock Name SUNWAY-C17
Date Announced 22 Sep 2023
Category General Announcement for PLC
Reference Number GA1-20092023-00032