General Announcement for PLC

24/06/2020

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

QL-CR: CW QL RESOURCES BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
CIMB BANK BERHAD ("CIMB BANK")

PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF QL RESOURCES BERHAD ("QL") ("QL-CR")

We are pleased to announce the proposed issue by CIMB Bank of up to 80,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in QL

 

The QL-CR is constituted by the Deed Poll dated 5 May 2020 executed by us, as supplemented from time to time. The QL-CR is subject to the terms and conditions of the Base Prospectus dated 14 May 2020, the First Supplementary Base Prospectus dated 24 June 2020 and the Term Sheet for the QL-CR dated 24 June 2020.

 

The QL-CR is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the QL-CR is set out in Table 1.

 

This announcement is dated 24 June 2020.




Please refer attachment below.

Attachments

Table (Launching) - QL CW.pdf
107.5 kB



Announcement Info

Company Name QL-CR: CW QL RESOURCES BERHAD (CIMB)
Stock Name QL-CR
Date Announced 24 Jun 2020
Category General Announcement for PLC
Reference Number GA1-23062020-00139