Type Announcement Subject STRUCTURED WARRANTS ANNOUNCEMENT FURTHER OFFERING Description CIMB BANK BERHAD (CIMB BANK)
PROPOSED FURTHER ISSUE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER FTSE BURSA MALAYSIA KLCI (FBMKLCI) (FBMKLCI-C4) Reference is made to our announcements dated 25 June 2015 in relation to the offering of 50,000,000 European-style non-collateralised cash-settled call warrants over units in FBMKLCI (“Existing Issue”) and in relation to the proposed to further issue of up to 100,000,000 European-style non-collateralised cash-settled call warrants over units in FBMKLCI (“Proposed Further Issue”).
The purpose of the Proposed Further Issue is to facilitate the market making process of the Existing Issue. The Proposed Further Issue will form part of the Existing Issue and the terms and conditions of the Proposed Further Issue will be identical with the Existing Issue.
The tentative listing date for the Proposed Further Issue of FBMKLCI-C4 is 25 August 2015.
The Proposed Further Issue is subject to all necessary approvals being obtained from Bursa Malaysia Securities Berhad.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ppfoong
130 posts
Posted by ppfoong > 2015-07-02 10:11 | Report Abuse
As of now, this is the most attractive KLCI call warrant. Low premium ratio, long expiry date. Dare to play with C4?