PMETAL-C62

0.025

(%)

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 dated 13 October 2021 in relation to the offering of 35,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of PMETAL (“Existing Issue”) and 11 April 2022 in relation to the proposed further issue of up to 35,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of PMETAL (“Further Issue”).

 

The purpose of the Further Issue is to facilitate the market making process of the Existing Issue. The Further Issue will form part of the Existing Issue and the terms and conditions of the Further Issue will be identical with the Existing Issue.

 

The PMETAL-C62 is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The PMETAL-C62 is subject to terms and conditions of the Base Prospectus dated 21 May 2021, the First Supplementary Base Prospectus dated 3 September 2021, the Second Supplementary Base Prospectus dated 14 February 2022, the Existing Issue Term Sheet dated 13 October 2021 and the Further Issue Term Sheet dated 18 April 2022.

 

The PMETAL-C62 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 PMETAL-C62 is set out in Table 1.

 

This announcement is dated 18 April 2022.

 




Please refer attachment below.

Attachments

Table 1 - PMETAL-C62.pdf
58.0 kB



Announcement Info

Company Name PMETAL-C62: CW PRESS METAL ALUMINIUM HOLDINGS BERHAD (KIBB)
Stock Name PMETAL-C62
Date Announced 18 Apr 2022
Category General Announcement for PLC
Reference Number GA1-14042022-00059