HIBISCS-C22

0.060

-0.01 (-14.3%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HIBISCS-C22: CW HIBISCUS PETROLEUM BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
CIMB BANK BERHAD (CIMB BANK)

PROPOSED ISSUE OF UP TO 150,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS-C22")

We are pleased to announce the proposed issue by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in HIBISCS.

 

The HIBISCS-C22 is constituted by the Deed Poll dated 16 April 2021 executed by us, as supplemented from time to time. The HIBISCS-C22 is subject to the terms and conditions of the Base Prospectus dated 28 April 2021, the First Supplementary Base Prospectus dated 16 August 2021 and the Term Sheet for the HIBISCS-C22 dated 3 November 2021.

 

The HIBISCS-C22 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the HIBISCS-C22 is set out in the attachment.

 

This announcement is dated 3 November 2021.




Please refer attachment below.



Announcement Info

Company Name HIBISCS-C22: CW HIBISCUS PETROLEUM BERHAD (CIMB)
Stock Name HIBISCS-C22
Date Announced 03 Nov 2021
Category General Announcement for PLC
Reference Number GA1-02112021-00051