HIBISCS-C37

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HIBISCS-C37: CW HIBISCUS PETROLEUM 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 HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS-C37")

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 HIBISCS.

 

The HIBISCS-C37 is constituted by the Deed Poll dated 19 May 2022 executed by us, as supplemented from time to time. The HIBISCS-C37 is subject to terms and conditions of the Base Prospectus dated 25 May 2022 and the Term Sheet dated 27 June 2022.

 

The HIBISCS-C37 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 25 May 2022.

 

A summary of principal terms of the HIBISCS-C37 is set out in Table 1.

 

This announcement is dated 27 June 2022.




Please refer attachment below.

Attachments

Table 1 - HIBISCS-C37.pdf
58.2 kB



Announcement Info

Company Name HIBISCS-C37: CW HIBISCUS PETROLEUM BERHAD (KIBB)
Stock Name HIBISCS-C37
Date Announced 27 Jun 2022
Category General Announcement for PLC
Reference Number GA1-24062022-00060