SUPERMX-C1I

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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