STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| SKPRES-C5: CW SKP RESOURCES BHD (MIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB")
PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF SKP RESOURCES BHD ("SKPRES") ("SKPRES SHARE(S)") ("SKPRES-C5") |
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We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the SKPRES Shares. SKPRES-C5 is constituted by the Deed Poll dated 9 December 2020 executed by us for the Structured Warrants, as supplemented from time to time. SKPRES-C5 is subject to the terms and conditions of the Base Prospectus dated 15 December 2020 and the Term Sheet dated 25 January 2021. SKPRES-C5 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of SKPRES-C5 is set out in the attachment. |
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Please refer attachment below.
Announcement Info
| Company Name | SKPRES-C5: CW SKP RESOURCES BHD (MIBB) |
| Stock Name | SKPRES-C5 |
| Date Announced | 25 Jan 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22012021-00069 |