STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
MAYBANK-HB: PW MALAYAN BANKING BERHAD (AFFIN) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | AFFIN HWANG INVESTMENT BANK BERHAD ("AFFIN HWANG IB") PROPOSED ISSUE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER ORDINARY SHARES OF MALAYAN BANKING BERHAD ("MAYBANK") ("MAYBANK-HB") |
We are pleased to announce the offering by Affin Hwang IB of up to 100,000,000 non-collateralised European-style cash settled put warrants over ordinary shares of MAYBANK by way of market making.
MAYBANK-HB is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.
MAYBANK-HB is constituted by the Deed Poll dated 15 September 2022. MAYBANK-HB is subject to the terms and conditions of the Base Prospectus dated 21 September 2022, the First Supplementary Base Prospectus dated 30 November 2022, the Second Supplementary Base Prospectus dated 3 March 2023, the Third Supplementary Base Prospectus dated 10 May 2023 and the Term Sheet for MAYBANK-HB dated 25 May 2023.
A summary of the principal terms of the MAYBANK-HB is set out in the attachment. |
Please refer attachment below.
Announcement Info
Company Name | MAYBANK-HB: PW MALAYAN BANKING BERHAD (AFFIN) |
Stock Name | MAYBANK-HB |
Date Announced | 25 May 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-22052023-00013 |