STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING
| PMETAL-C62: CW PRESS METAL ALUMINIUM HOLDINGS BERHAD (KIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT FURTHER OFFERING |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
PROPOSED FURTHER ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF PRESS METAL ALUMINIUM HOLDINGS BERHAD ("PMETAL") ("PMETAL-C62") |
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Reference is made to our announcements 13 October 2021 in relation to the offering of 35,000,000 European-style non-collateralised cash-settled call warrants over the PMETAL (“Existing Issue”).
KIBB are pleased to announce the proposed further issue of up to 35,000,000 European-style non-collateralised cash-settled call warrants over the PMETAL (“Proposed Further Issue”).
The purpose of the Proposed Further Issue is to facilitate the market making process of the Existing Issue. The Proposed Further Issue will form part of the Existing Issue and the terms and conditions of the Proposed Further Issue will be identical with the Existing Issue.
The tentative listing date for the Proposed Further Issue of PMETAL-C62 is 20 April 2022
The Proposed Further Issue is subject to all necessary approvals being obtained from Bursa Malaysia Securities Berhad.
This announcement is dated 11 April 2022. |
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Announcement Info
| Company Name | PMETAL-C62: CW PRESS METAL ALUMINIUM HOLDINGS BERHAD (KIBB) |
| Stock Name | PMETAL-C62 |
| Date Announced | 11 Apr 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11042022-00046 |