STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| PCHEM-C63: CW PETRONAS CHEMICALS GROUP 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 THE ORDINARY SHARES OF PETRONAS CHEMICALS GROUP BERHAD ("PCHEM") ("PCHEM-C63") |
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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 PCHEM.
The PCHEM-C63 is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The PCHEM-C63 is subject to terms and conditions of the Base Prospectus dated 18 May 2020, the First Supplementary Base Prospectus dated 9 October 2020 and the Term Sheet dated 23 March 2021.
The PCHEM-C63 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 18 May 2020 and the First Supplementary Base Prospectus dated 9 October 2020.
A summary of principal terms of the PCHEM-C63 is set out in Table 1.
This announcement is dated 23 March 2021. |
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Please refer attachment below.
Announcement Info
| Company Name | PCHEM-C63: CW PETRONAS CHEMICALS GROUP BERHAD (KIBB) |
| Stock Name | PCHEM-C63 |
| Date Announced | 23 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22032021-00031 |