TOPGLOV-C3W

0.120

-0.01 (-7.7%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TOPGLOV-C3W: CW TOP GLOVE CORPORATION BHD (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 TOP GLOVE CORPORATION BHD ("TOPGLOV") ("TOPGLOV SHARES") WITH AN EXERCISE RATIO OF 2 CALL WARRANTS : 1 TOPGLOV SHARE ("TOPGLOV-C3W")

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 TOPGLOV, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

TOPGLOV-C3W is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The TOPGLOV-C3W is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, First Supplementary Base Prospectus dated 13 October 2023 and the Term Sheet for the TOPGLOV-C3W dated 23 October 2023.

A summary of the principal terms of the TOPGLOV-C3W is set out in Table 1.


This announcement is dated 23 October 2023.




Please refer attachment below.



Announcement Info

Company Name TOPGLOV-C3W: CW TOP GLOVE CORPORATION BHD (AM)
Stock Name TOPGLOV-C3W
Date Announced 23 Oct 2023
Category General Announcement for PLC
Reference Number GA1-19102023-00039