HIBISCS-C21

0.080

+0.015 (+23.1%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HIBISCS-C21: CW HIBISCUS PETROLEUM BERHAD (MIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") 
	
PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS SHARE(S)") ("HIBISCS-C21")

We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the HIBISCS Shares.

HIBISCS-C21 is constituted by the Deed Poll dated 9 December 2020 executed by us for the Structured Warrants, as supplemented from time to time. HIBISCS-C21 is subject to the terms and conditions of the Base Prospectus dated 15 December 2020, the First Supplementary Base Prospectus dated 9 March 2021, the Second Supplementary Base Prospectus dated 5 August 2021 and the Term Sheet dated 22 October 2021.

HIBISCS-C21 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of HIBISCS-C21 is set out in the attachment.




Please refer attachment below.

Attachments

Table_HIBISCS-C21.pdf
96.5 kB



Announcement Info

Company Name HIBISCS-C21: CW HIBISCUS PETROLEUM BERHAD (MIBB)
Stock Name HIBISCS-C21
Date Announced 22 Oct 2021
Category General Announcement for PLC
Reference Number GA1-21102021-00068