ECOWLD-C13

0.025

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

ECOWLD-C13: CW ECO WORLD DEVELOPMENT GROUP 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 ECO WORLD DEVELOPMENT GROUP BERHAD ("ECOWLD") ("ECOWLD-C13")

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 ECOWLD.

 

The ECOWLD-C13 is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The ECOWLD-C13 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 28 March 2022.

 

The ECOWLD-C13 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 ECOWLD-C13 is set out in Table 1.

 

This announcement is dated 28 March 2022.




Please refer attachment below.

Attachments

Table 1 - ECOWLD-C13.pdf
56.5 kB



Announcement Info

Company Name ECOWLD-C13: CW ECO WORLD DEVELOPMENT GROUP BERHAD (KIBB)
Stock Name ECOWLD-C13
Date Announced 28 Mar 2022
Category General Announcement for PLC
Reference Number GA1-25032022-00068