STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| PCHEM-C57: CW PETRONAS CHEMICALS GROUP 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 PETRONAS CHEMICALS GROUP BERHAD ("PCHEM") ("PCHEM-C57") |
|
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 PCHEM.
The PCHEM-C57 is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The PCHEM-C57 is subject to terms and conditions of the Base Prospectus dated 18 May 2020 and the Term Sheet dated 2 September 2020.
The PCHEM-C57 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 PCHEM-C57 is set out in Table 1.
This announcement is dated 2 September 2020. |
|
Please refer attachment below.
Announcement Info
| Company Name | PCHEM-C57: CW PETRONAS CHEMICALS GROUP BERHAD (KIBB) |
| Stock Name | PCHEM-C57 |
| Date Announced | 02 Sep 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28082020-00188 |