STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| MAHSING-C33: CW MAH SING GROUP 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 MAH SING GROUP BERHAD ("MAHSING") ("MAHSING SHARES") WITH AN EXERCISE RATIO OF 5 CALL WARRANTS : 1 MAHSING SHARE ("MAHSING-C33") |
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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 MAHSING, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.
MAHSING-C33 is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The MAHSING-C33 is subject to the terms and conditions of the Base Prospectus dated 13 August 2020 and the Term Sheet for the MAHSING-C33 dated 25 January 2021.
A summary of the principal terms of the MAHSING-C33 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | MAHSING-C33: CW MAH SING GROUP BHD (AM) |
| Stock Name | MAHSING-C33 |
| Date Announced | 25 Jan 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22012021-00045 |