LHI-C15

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

LHI-C15: CW LEONG HUP INTERNATIONAL 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 LEONG HUP INTERNATIONAL BERHAD ("LHI") ("LHI SHARES") WITH AN EXERCISE RATIO OF 1.5 CALL WARRANTS : 1 LHI SHARE ("LHI-C15")

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

LHI-C15 is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The LHI-C15 is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, the First Supplementary Base Prospectus dated 13 October 2023, the Second Supplementary Base Prospectus dated 06 December 2023, the Third Supplementary Base Prospectus dated 16 January 2024, the Fourth Supplementary Base Prospectus dated 14 March 2024 and the Term Sheet for the LHI-C15 dated 20 March 2024.

A summary of the principal terms of the LHI-C15 is set out in Table 1.


This announcement is dated 20 March 2024. 




Please refer attachment below.



Announcement Info

Company Name LHI-C15: CW LEONG HUP INTERNATIONAL BERHAD (AM)
Stock Name LHI-C15
Date Announced 20 Mar 2024
Category General Announcement for PLC
Reference Number GA1-19032024-00069