TOPGLOV-C4F

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TOPGLOV-C4F: CW TOP GLOVE CORPORATION BHD (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 TOP GLOVE CORPORATION BHD ("TOPGLOV") ("TOPGLOV SHARES") WITH AN EXERCISE RATIO OF 2 CALL WARRANTS : 1 TOPGLOV SHARE ("TOPGLOV-C4F")

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 TOPGLOV, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

TOPGLOV-C4F is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The TOPGLOV-C4F is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, the First Supplementary Base Prospectus dated 13 October 2023, the Second Supplementary Base Prospectus dated 06 December 2023, the Third Supplementary Base Prospectus dated 16 January 2024, the Fourth Supplementary Base Prospectus dated 14 March 2024 and the Term Sheet for the TOPGLOV-C4F dated 20 March 2024.

A summary of the principal terms of the TOPGLOV-C4F is set out in Table 1.


This announcement is dated 20 March 2024. 




Please refer attachment below.



Announcement Info

Company Name TOPGLOV-C4F: CW TOP GLOVE CORPORATION BHD (AM)
Stock Name TOPGLOV-C4F
Date Announced 20 Mar 2024
Category General Announcement for PLC
Reference Number GA1-19032024-00092