KOSSAN-C65

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

KOSSAN-C65: CW KOSSAN RUBBER INDUSTRIES BHD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF KOSSAN RUBBER INDUSTRIES BERHAD ("KOSSAN") ("KOSSAN SHARES") WITH AN EXERCISE RATIO OF 4 CALL WARRANTS : 1 KOSSAN SHARE ("KOSSAN-C65")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of KOSSAN, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

KOSSAN-C65 is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The KOSSAN-C65 is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, the First Supplementary Base Prospectus dated 13 October 2023, the Second Supplementary Base Prospectus dated 06 December 2023, the Third Supplementary Base Prospectus dated 16 January 2024, the Fourth Supplementary Base Prospectus dated 14 March 2024 and the Term Sheet for the KOSSAN-C65 dated 05 April 2024.

A summary of the principal terms of the KOSSAN-C65 is set out in Table 1.


This announcement is dated 05 April 2024. 




Please refer attachment below.



Announcement Info

Company Name KOSSAN-C65: CW KOSSAN RUBBER INDUSTRIES BHD (AM)
Stock Name KOSSAN-C65
Date Announced 05 Apr 2024
Category General Announcement for PLC
Reference Number GA1-04042024-00054