STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| SNS-CS: CW SNS NETWORK TECHNOLOGY BERHAD (AFFIN) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | AFFIN HWANG INVESTMENT BANK BERHAD ("AFFIN HWANG IB")
PROPOSED ISSUE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SNS NETWORK TECHNOLOGY BERHAD ("SNS") ("SNS-CS") |
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We are pleased to announce the offering by Affin Hwang IB of up to 100,000,000 non-collateralised European-style cash settled call warrants over ordinary shares of SNS by way of market making.
SNS-CS is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.
SNS-CS is constituted by the Deed Poll dated 22 October 2025. SNS-CS is subject to the terms and conditions of the Base Prospectus dated 7 November 2025, the First Supplementary Base Prospectus dated 1 December 2025, the Second Supplementary Base Prospectus dated 27 February 2026 and the Term Sheet for SNS-CS dated 12 March 2026.
A summary of the principal terms of the SNS-CS is set out in the attachment. |
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Please refer attachment below.
Announcement Info
| Company Name | SNS-CS: CW SNS NETWORK TECHNOLOGY BERHAD (AFFIN) |
| Stock Name | SNS-CS |
| Date Announced | 12 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11032026-00050 |