General Announcement for PLC
06/10/2020STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| TSH-CM: CW TSH RESOURCES BERHAD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TSH RESOURCES BERHAD ("TSH") ("TSH SHARES") WITH AN EXERCISE RATIO OF 4 CALL WARRANTS : 1 TSH SHARE ("TSH-CM") |
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With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 50,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of TSH, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. TSH-CM is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The TSH-CM is subject to the terms and conditions of the Base Prospectus dated 13 August 2020 and the Term Sheet for the TSH-CM dated 6 October 2020. A summary of the principal terms of the TSH-CM is set out in Table 1.
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Please refer attachment below.
Attachments
Table 1 - Summary of the Principal Terms of TSH-CM.pdf
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Announcement Info
| Company Name | TSH-CM: CW TSH RESOURCES BERHAD (AM) |
| Stock Name | TSH-CM |
| Date Announced | 06 Oct 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05102020-00031 |