GDEX-CS

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STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

GDEX-CS: CW GD EXPRESS CARRIER BERHAD (RHB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GD EXPRESS CARRIER BHD  ("GDEX") ("GDEX-CS")

We refer to the announcement made by GDEX dated 21 October 2020 pursuant to the proposed issuance of up to 705,176,354 free warrants in GDEX ("Warrants C") on the basis of one (1) Warrant C for every eight (8) existing ordinary shares in GDEX held on an entitlement date to be determined and announced later ("Proposed Free Warrants Issue").

 

RHBIB, as the issuer of GDEX-CS, will make a further announcement should there be any updates in due course.

 

This announcement is dated 26 October 2020.






Announcement Info

Company Name GDEX-CS: CW GD EXPRESS CARRIER BERHAD (RHB)
Stock Name GDEX-CS
Date Announced 26 Oct 2020
Category General Announcement for PLC
Reference Number GA1-26102020-00129