FRONTKN-C7

0.005

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

FRONTKN-C7: CW FRONTKEN CORPORATION 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 FRONTKEN CORPORATION BERHAD ("FRONTKN") ("FRONTKN-C7")

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 FRONTKN.

 

The FRONTKN-C7 is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The FRONTKN-C7 is subject to terms and conditions of the Base Prospectus dated 21 May 2021, the First Supplementary Base Prospectus dated 3 September 2021 and the Term Sheet dated 22 September 2021.

 

The FRONTKN-C7 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 21 May 2021 and the First Supplementary Base Prospectus dated 3 September 2021.

 

A summary of principal terms of the FRONTKN-C7 is set out in Table 1.

 

This announcement is dated 22 September 2021.




Please refer attachment below.

Attachments

Table 1 - FRONTKN-C7.pdf
62.4 kB



Announcement Info

Company Name FRONTKN-C7: CW FRONTKEN CORPORATION BERHAD (KIBB)
Stock Name FRONTKN-C7
Date Announced 22 Sep 2021
Category General Announcement for PLC
Reference Number GA1-17092021-00034