EKOVEST-C39

0.005

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING

EKOVEST-C39: CW EKOVEST BERHAD (KIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
FURTHER OFFERING
Description
KENANGA INVESTMENT BANK BERHAD ("KIBB")

PROPOSED FURTHER ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF EKOVEST BERHAD ("EKOVEST") ("EKOVEST-C39")

Reference is made to our announcements dated 22 June 2023 in relation to the offering of 35,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of EKOVEST (“Existing Issue”) and 29 September 2023 in relation to the proposed further issue of up to 35,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of EKOVEST (“Further Issue”).

 

The purpose of the Further Issue is to facilitate the market making process of the Existing Issue. The Further Issue will form part of the Existing Issue and the terms and conditions of the Further Issue will be identical with the Existing Issue.

 

The EKOVEST-C39 is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The EKOVEST-C39 is subject to terms and conditions of the Base Prospectus dated 25 May 2023, the Existing Issue Term Sheet dated 22 June 2023 and the Further Issue Term Sheet dated 5 October 2023.

 

The EKOVEST-C39 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 25 May 2023.

 

A summary of principal terms of the EKOVEST-C39 is set out in Table 1.

 

This announcement is dated 5 October 2023.




Please refer attachment below.

Attachments

Table 1 - EKOVEST-C39.pdf
80.4 kB



Announcement Info

Company Name EKOVEST-C39: CW EKOVEST BERHAD (KIBB)
Stock Name EKOVEST-C39
Date Announced 05 Oct 2023
Category General Announcement for PLC
Reference Number GA1-03102023-00014