STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| RANHILL-CJ: CW RANHILL UTILITIES BERHAD (MIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB")
PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF RANHILL UTILITIES BERHAD ("RANHILL") ("RANHILL SHARE(S)") ("RANHILL-CJ") |
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We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the RANHILL Shares. RANHILL-CJ is constituted by the Deed Poll dated 1 December 2023 executed by us for the Structured Warrants, as supplemented from time to time. RANHILL-CJ is subject to the terms and conditions of the Base Prospectus dated 8 December 2023, the First Supplementary Base Prospectus dated 2 February 2024 and the Term Sheet dated 2 February 2024. RANHILL-CJ is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of RANHILL-CJ is set out in the attachment. |
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Please refer attachment below.
Announcement Info
| Company Name | RANHILL-CJ: CW RANHILL UTILITIES BERHAD (MIBB) |
| Stock Name | RANHILL-CJ |
| Date Announced | 02 Feb 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-31012024-00063 |