STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
LHI-CP: CW LEONG HUP INTERNATIONAL BERHAD (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 ORDINARY SHARES OF LEONG HUP INTERNATIONAL BERHAD ("LHI") ("LHI-CP") |
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 LHI.
The LHI-CP is constituted by the Deed Poll dated 9 May 2019 executed by us, as supplemented from time to time. The LHI-CP is subject to terms and conditions of the Base Prospectus dated 14 May 2019 and the Term Sheet dated 17 October 2019.
The LHI-CP will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 14 May 2019.
A summary of principal terms of the LHI-CP is set out in Table 1.
This announcement is dated 17 October 2019. |
Please refer attachment below.
Announcement Info
Company Name | LHI-CP: CW LEONG HUP INTERNATIONAL BERHAD (KIBB) |
Stock Name | LHI-CP |
Date Announced | 17 Oct 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-15102019-00053 |