STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
UTDPLT-CC: CW UNITED PLANTATIONS 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 UNITED PLANTATIONS BERHAD ("UTDPLT") ("UTDPLT-CC") |
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 UTDPLT.
The UTDPLT-CC is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The UTDPLT-CC 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 18 May 2022.
The UTDPLT-CC 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 UTDPLT-CC is set out in Table 1.
This announcement is dated 18 May 2022. |
Please refer attachment below.
Announcement Info
Company Name | UTDPLT-CC: CW UNITED PLANTATIONS BERHAD (KIBB) |
Stock Name | UTDPLT-CC |
Date Announced | 18 May 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-16052022-00013 |