STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| KOSSAN-C12: CW KOSSAN RUBBER INDUSTRIES 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 KOSSAN RUBBER INDUSTRIES BERHAD ("KOSSAN") ("KOSSAN-C12") |
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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-C12 is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The KOSSAN-C12 is subject to terms and conditions of the Base Prospectus dated 18 May 2020 and the Term Sheet dated 6 July 2020.
The KOSSAN-C12 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 18 May 2020.
A summary of principal terms of the KOSSAN-C12 is set out in Table 1.
This announcement is dated 6 July 2020. |
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Please refer attachment below.
Announcement Info
| Company Name | KOSSAN-C12: CW KOSSAN RUBBER INDUSTRIES BERHAD (KIBB) |
| Stock Name | KOSSAN-C12 |
| Date Announced | 06 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02072020-00053 |