General Announcement for PLC

14/08/2020

STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING

TOPGLOV-C84: CW TOP GLOVE CORPORATION BHD (CIMB)

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

FURTHER ISSUE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TOP GLOVE CORPORATION BHD ("TOPGLOV") ("TOPGLOV-C84")

Reference is made to our announcements dated 17 July 2020 in relation to the offering of 80,000,000 European-style non-collateralised cash-settled call warrants over TOPGLOV (“Existing Issue”) and 6 August 2020 in relation to the further issue by CIMB BANK of up to 100,000,000 European-style non-collateralised cash-settled call warrants over TOPGLOV ("Further Issue") by way of market making. 

 

The purpose of the Further Issue is to facilitate the market making process of the Existing Issue. The Further Issue will form part of the Existing Issue and the terms and conditions of the Further Issue will be identical with the Existing Issue.

 

The TOPGLOV-C84 is constituted by the Deed Poll dated 5 May 2020. The TOPGLOV-C84 is subject to the terms and conditions of the Base Prospectus dated 14 May 2020, the First Supplementary Base Prospectus dated 24 June 2020, the Second Supplementary Base Prospectus dated 17 July 2020, the Existing Issue Term Sheet dated 17 July 2020 and the Further Issue Term Sheet dated 14 August 2020.

 

The TOPGLOV-C84 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the TOPGLOV-C84 is set out in the attachment.

 

This announcement is dated 14 August 2020.

 

 




Please refer attachment below.



Announcement Info

Company Name TOPGLOV-C84: CW TOP GLOVE CORPORATION BHD (CIMB)
Stock Name TOPGLOV-C84
Date Announced 14 Aug 2020
Category General Announcement for PLC
Reference Number GA1-13082020-00015