UWC-CE

0.375

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

UWC-CE: CW UWC 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 UWC BERHAD ("UWC") ("UWC-CE")

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 UWC.

 

The UWC-CE is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The UWC-CE is subject to terms and conditions of the Base Prospectus dated 18 May 2020 and the Term Sheet dated 6 October 2020.

 

The UWC-CE 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 UWC-CE is set out in Table 1.

 

This announcement is dated 6 October 2020.




Please refer attachment below.

Attachments

Table 1 - UWC-CE.pdf
139.4 kB



Announcement Info

Company Name UWC-CE: CW UWC BERHAD (KIBB)
Stock Name UWC-CE
Date Announced 06 Oct 2020
Category General Announcement for PLC
Reference Number GA1-05102020-00084