JCY-C11

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STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING

JCY-C11: CW JCY INTERNATIONAL 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 JCY INTERNATIONAL BERHAD ("JCY") ("JCY-C11")

Reference is made to our announcements dated 2 December 2020 in relation to the offering of 35,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of JCY (“Existing Issue”) and 3 May 2021 in relation to the proposed further issue of up to 50,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of JCY (“Further Issue”).

 

The purpose of the Further Issue is to facilitate the market making process of the Existing Issue. The Further Issue will form part of the Existing Issue and the terms and conditions of the Further Issue will be identical with the Existing Issue.

 

The JCY-C11 is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The JCY-C11 is subject to terms and conditions of the Base Prospectus dated 18 May 2020, the First Supplementary Base Prospectus dated 9 October 2020, the Existing Issue Term Sheet dated 2 December 2020 and the Further Issue Term Sheet dated 10 May 2021.

 

The JCY-C11 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 JCY-C11 is set out in Table 1.

 

This announcement is dated 10 May 2021.




Please refer attachment below.

Attachments

Table 1 - JCY-C11.pdf
67.0 kB



Announcement Info

Company Name JCY-C11: CW JCY INTERNATIONAL BERHAD (KIBB)
Stock Name JCY-C11
Date Announced 10 May 2021
Category General Announcement for PLC
Reference Number GA1-07052021-00028