HI-CC

0.105

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HI-CC: CW HI MOBILITY 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 HI MOBILITY BERHAD ("HI") ("HI SHARES") WITH AN EXERCISE RATIO OF 3 CALL WARRANTS : 1 HI SHARE ("HI-CC")

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

HI-CC is constituted by the Deed Poll dated 06 November 2024 executed by us, as supplemented from time to time. The HI-CC is subject to the terms and conditions of the Base Prospectus dated 15 November 2024, First Supplementary Base Prospectus dated 15 January 2025, Second Supplementary Base Prospectus dated 20 March 2025, Third Supplementary Base Prospectus dated 18 April 2025, Fourth Supplementary Base Prospectus dated 18 July 2025, Fifth Supplementary Base Prospectus dated 14 August 2025 and the Term Sheet for the HI-CC dated 27 August 2025.

A summary of the principal terms of the HI-CC is set out in Table 1.


This announcement is dated 27 August 2025. 




Please refer attachment below.



Announcement Info

Company Name HI-CC: CW HI MOBILITY BERHAD (AM)
Stock Name HI-CC
Date Announced 27 Aug 2025
Category General Announcement for PLC
Reference Number GA1-25082025-00066