PMETAL-C62

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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")

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.






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