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

UOADEV-C1 is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The UOADEV-C1 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 UOADEV-C1 dated 31 October 2023.

A summary of the principal terms of the UOADEV-C1 is set out in Table 1.


This announcement is dated 31 October 2023.