STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
UMW-C22: CW UMW 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 UMW HOLDINGS BERHAD (''UMW'') (''UMW-C22'') |
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 UMW.
The UMW-C22 is constituted by the Deed Poll dated 9 May 2019 executed by us, as supplemented from time to time. The UMW-C22 is subject to terms and conditions of the Base Prospectus dated 14 May 2019 and the Term Sheet dated 13 January 2020.
The UMW-C22 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 14 May 2019.
A summary of principal terms of the UMW-C22 is set out in Table 1.
This announcement is dated 13 January 2020. |
Please refer attachment below.
Announcement Info
Company Name | UMW-C22: CW UMW HOLDINGS BERHAD (KIBB) |
Stock Name | UMW-C22 |
Date Announced | 13 Jan 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-09012020-00084 |