RANHILL-CK

0.080

-0.005 (-5.9%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

RANHILL-CK: CW RANHILL UTILITIES BERHAD (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 RANHILL UTILITIES BERHAD ("RANHILL") ("RANHILL SHARES") WITH AN EXERCISE RATIO OF 4 CALL WARRANTS : 1 RANHILL SHARE ("RANHILL-CK")

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

RANHILL-CK is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The RANHILL-CK is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, First Supplementary Base Prospectus dated 13 October 2023, Second Supplementary Base Prospectus dated 06 December 2023, Third Supplementary Base Prospectus dated 16 January 2024 and the Term Sheet for the RANHILL-CK dated 06 February 2024.

A summary of the principal terms of the RANHILL-CK is set out in Table 1.


This announcement is dated 06 February 2024. 




Please refer attachment below.



Announcement Info

Company Name RANHILL-CK: CW RANHILL UTILITIES BERHAD (AM)
Stock Name RANHILL-CK
Date Announced 06 Feb 2024
Category General Announcement for PLC
Reference Number GA1-02022024-00076