JAKS-CD

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

JAKS-CD: CW JAKS RESOURCES 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 SHARE OF JAKS RESOURCES BERHAD ("JAKS")  ("JAKS-CD")

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 JAKS.

 

The JAKS-CD is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The JAKS-CD 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 6 May 2021.

 

The JAKS-CD 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 JAKS-CD is set out in Table 1.

 

This announcement is dated 6 May 2021.




Please refer attachment below.

Attachments

Table 1 - JAKS-CD.pdf
270.6 kB



Announcement Info

Company Name JAKS-CD: CW JAKS RESOURCES BERHAD (KIBB)
Stock Name JAKS-CD
Date Announced 06 May 2021
Category General Announcement for PLC
Reference Number GA1-05052021-00062