STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
SKPRES-CQ: CW SKP RESOURCES BHD (MIBB) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF SKP RESOURCES BHD ("SKPRES") ("SKPRES SHARE(S)") ("SKPRES-CQ") |
We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the SKPRES shares. SKPRES-CQ is constituted by the Deed Poll dated 25 October 2018 executed by us for the Structured Warrants, as supplemented from time to time. SKPRES-CQ is subject to the terms and conditions of the Base Prospectus dated 31 October 2018, the First Supplementary Base Prospectus dated 17 December 2018 and the Term Sheet dated 7 March 2019. SKPRES-CQ is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of SKPRES-CQ is set out in the attachment. |
Please refer attachment below.
Announcement Info
Company Name | SKPRES-CQ: CW SKP RESOURCES BHD (MIBB) |
Stock Name | SKPRES-CQ |
Date Announced | 07 Mar 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-07032019-00028 |