STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| KOSSAN-C83: CW KOSSAN RUBBER INDUSTRIES BHD (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 THE ORDINARY SHARES OF KOSSAN RUBBER INDUSTRIES BERHAD ("KOSSAN") ("KOSSAN-C83") |
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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 KOSSAN.
The KOSSAN-C83 is constituted by the Deed Poll dated 20 May 2025 executed by us, as supplemented from time to time. The KOSSAN-C83 is subject to the terms and conditions of the Base Prospectus dated 27 May 2025 and the Term Sheet dated 25 July 2025.
The KOSSAN-C83 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 27 May 2025.
A summary of the principal terms of KOSSAN-C83 is set out in Table 1.
This announcement is dated 25 July 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | KOSSAN-C83: CW KOSSAN RUBBER INDUSTRIES BHD (KIBB) |
| Stock Name | KOSSAN-C83 |
| Date Announced | 25 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22072025-00037 |