STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| PADINI-C1: CW PADINI HOLDINGS BERHAD (KIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
PROPOSED ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PADINI HOLDINGS BERHAD ("PADINI") ("PADINI-C1") |
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We are pleased to announce the proposed issue by KIBB of up to 35,000,000 European style non-collateralised cash-settled call warrants over the ordinary shares of PADINI.
The PADINI-C1 is constituted by the Deed Poll dated 19 April 2018 executed by us, as supplemented from time to time. The PADINI-C1 is subject to terms and conditions of the Base Prospectus dated 23 April 2018 and the Term Sheet dated 28 March 2019.
The PADINI-C1 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 23 April 2018.
A summary of principal terms of the PADINI-C1 is set out in Table 1.
This announcement is dated 28 March 2019. |
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Please refer attachment below.
Announcement Info
| Company Name | PADINI-C1: CW PADINI HOLDINGS BERHAD (KIBB) |
| Stock Name | PADINI-C1 |
| Date Announced | 28 Mar 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26032019-00078 |