HENGYUANC52

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HENGYUANC52: CW HENGYUAN REFINING COMPANY BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF HENGYUAN REFINING COMPANY BERHAD ("HENGYUAN") ("HENGYUAN SHARES") WITH AN EXERCISE RATIO OF 7 CALL WARRANTS : 1 HENGYUAN SHARE ("HENGYUANC52")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of HENGYUAN, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

HENGYUANC52 is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The HENGYUANC52 is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, First Supplementary Base Prospectus dated 13 October 2023 and the Term Sheet for the HENGYUANC52 dated 26 October 2023.

A summary of the principal terms of the HENGYUANC52 is set out in Table 1.


This announcement is dated 26 October 2023. 




Please refer attachment below.



Announcement Info

Company Name HENGYUANC52: CW HENGYUAN REFINING COMPANY BERHAD (AM)
Stock Name HENGYUANC52
Date Announced 26 Oct 2023
Category General Announcement for PLC
Reference Number GA1-24102023-00031