STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING
SUPERMX-C1I: CW SUPERMAX CORPORATION BERHAD (KIBB) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT FURTHER OFFERING |
Description | KENANGA INVESTMENT BANK BERHAD ("KIBB") PROPOSED FURTHER ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF SUPERMAX CORPORATION BERHAD ("SUPERMX") ("SUPERMX-C1I") |
Reference is made to our announcements 2 September 2020 and 24 September 2020 in relation to the offering of 85,000,000 European-style non-collateralised cash-settled call warrants over the SUPERMX (“Existing Issue”).
KIBB are pleased to announce the proposed further issue of up to 50,000,000 European-style non-collateralised cash-settled call warrants over the SUPERMX (“Proposed Further Issue”).
The purpose of the Proposed Further Issue is to facilitate the market making process of the Existing Issue. The Proposed Further Issue will form part of the Existing Issue and the terms and conditions of the Proposed Further Issue will be identical with the Existing Issue.
The tentative listing date for the Proposed Further Issue of SUPERMX-C1I is 2 March 2021.
The Proposed Further Issue is subject to all necessary approvals being obtained from Bursa Malaysia Securities Berhad.
This announcement is dated 22 February 2021. |
Announcement Info
Company Name | SUPERMX-C1I: CW SUPERMAX CORPORATION BERHAD (KIBB) |
Stock Name | SUPERMX-C1I |
Date Announced | 22 Feb 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-21022021-00003 |