General Announcement for PLC

27/02/2020

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

GTRONIC-C6: CW GLOBETRONICS TECHNOLOGY 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 GLOBETRONICS TECHNOLOGY BHD ("GTRONIC") ("GTRONIC SHARE(S)") ("GTRONIC-C6")

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 GTRONIC shares.

GTRONIC-C6 is constituted by the Deed Poll dated 8 November 2019 executed by us for the Structured Warrants, as supplemented from time to time. GTRONIC-C6 is subject to the terms and conditions of the Base Prospectus dated 15 November 2019 and the Term Sheet dated 27 February 2020.

GTRONIC-C6 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of GTRONIC-C6 is set out in the attachment.




Please refer attachment below.

Attachments

Table_GTRONIC-C6.pdf
97.0 kB



Announcement Info

Company Name GTRONIC-C6: CW GLOBETRONICS TECHNOLOGY BERHAD (MIBB)
Stock Name GTRONIC-C6
Date Announced 27 Feb 2020
Category General Announcement for PLC
Reference Number GA1-25022020-00068