STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
KOSSAN-C57: CW KOSSAN RUBBER INDUSTRIES 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 KOSSAN RUBBER INDUSTRIES BHD ("KOSSAN") ("KOSSAN SHARE(S)") ("KOSSAN-C57") |
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 KOSSAN Shares. KOSSAN-C57 is constituted by the Deed Poll dated 5 December 2022 executed by us for the Structured Warrants, as supplemented from time to time. KOSSAN-C57 is subject to the terms and conditions of the Base Prospectus dated 8 December 2022 and the Term Sheet dated 25 August 2023. KOSSAN-C57 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of KOSSAN-C57 is set out in the attachment. |
Please refer attachment below.
Announcement Info
Company Name | KOSSAN-C57: CW KOSSAN RUBBER INDUSTRIES BHD (MIBB) |
Stock Name | KOSSAN-C57 |
Date Announced | 25 Aug 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-24082023-00083 |