STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| SNS-CI: CW SNS NETWORK TECHNOLOGY BERHAD (CLSA) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | CLSA SECURITIES MALAYSIA SDN. BHD. ("CLSASM")
OFFERING OF UP TO 40,000,000 NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SNS NETWORK TECHNOLOGY BERHAD ("SNS") ("SNS-CI") |
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We are pleased to announce the offering by CLSASM of up to 40,000,000 non-collateralised European-style cash settled call warrants over ordinary shares of SNS by way of market making. The SNS-CI is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. The SNS-CI is constituted by the Deed Poll dated 28 March 2025. The SNS-CI is subject to the terms and conditions of the Base Prospectus dated 11 April 2025 and the First Supplementary Base Prospectus dated 26 June 2025. The obligations of CLSASM under SNS-CI are guaranteed by CITIC Securities International Company Limited pursuant to the Guarantee Deed Poll dated 28 March 2025. A summary of the principal terms of SNS-CI is set out in the attachment.
This announcement is dated 31 July 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | SNS-CI: CW SNS NETWORK TECHNOLOGY BERHAD (CLSA) |
| Stock Name | SNS-CI |
| Date Announced | 31 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30072025-00039 |