STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| HIBISCS-C88: CW HIBISCUS PETROLEUM BERHAD (CLSA) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | CLSA SECURITIES MALAYSIA SDN. BHD. ("CLSASM")
OFFERING OF UP TO 35,000,000 NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS-C88") |
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We are pleased to announce the offering by CLSASM of up to 35,000,000 non-collateralised European-style cash settled call warrants over ordinary shares of HIBISCS by way of market making. The HIBISCS-C88 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. The HIBISCS-C88 is constituted by the Deed Poll dated 28 March 2025. The HIBISCS-C88 is subject to the terms and conditions of the Base Prospectus dated 11 April 2025, the First Supplementary Base Prospectus dated 26 June 2025, the Second Supplementary Base Prospectus dated 27 August 2025 and the Third Supplementary Base Prospectus dated 06 November 2025. The obligations of CLSASM under HIBISCS-C88 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 HIBISCS-C88 is set out in the attachment.
This announcement is dated 21 January 2026. |
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Please refer attachment below.
Announcement Info
| Company Name | HIBISCS-C88: CW HIBISCUS PETROLEUM BERHAD (CLSA) |
| Stock Name | HIBISCS-C88 |
| Date Announced | 21 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20012026-00067 |