HSI-HED

0.385

-0.01 (-2.5%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HSI-HED: PW HANG SENG INDEX (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 PUT WARRANTS OVER THE HANG SENG INDEX ("HSI") ("HSI-HED")

We are pleased to announce the proposed issue by KIBB of up to 35,000,000 European style non-collateralised cash-settled put warrants over the HSI.

 

The HSI-HED is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The HSI-HED is subject to terms and conditions of the Base Prospectus dated 21 May 2021, the First Supplementary Base Prospectus dated 3 September 2021, Second Supplementary Base Prospectus dated 14 February 2022 and the Term Sheet dated 24 February 2022.

 

The HSI-HED will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 21 May 2021, the First Supplementary Base Prospectus dated 3 September 2021 and the Second Supplementary Base Prospectus dated 14 February 2022.

 

A summary of principal terms of the HSI-HED is set out in Table 1.

 

This announcement is dated 24 February 2022.




Please refer attachment below.

Attachments

Table 1 - HSI-HED.pdf
78.0 kB



Announcement Info

Company Name HSI-HED: PW HANG SENG INDEX (KIBB)
Stock Name HSI-HED
Date Announced 24 Feb 2022
Category General Announcement for PLC
Reference Number GA1-22022022-00142