STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
VS-C53: CW V.S. INDUSTRY 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 V.S. INDUSTRY BERHAD (''VS'') (''VS-C53'') |
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 VS.
The VS-C53 is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The VS-C53 is subject to terms and conditions of the Base Prospectus dated 21 May 2021 and the Term Sheet dated 27 July 2021.
The VS-C53 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 21 May 2021.
A summary of principal terms of the VS-C53 is set out in Table 1.
This announcement is dated 27 July 2021. |
Please refer attachment below.
Announcement Info
Company Name | VS-C53: CW V.S. INDUSTRY BERHAD (KIBB) |
Stock Name | VS-C53 |
Date Announced | 27 Jul 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-23072021-00066 |