STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
FRONTKN-C24: CW FRONTKEN CORPORATION BERHAD (MIBB) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF FRONTKEN CORPORATION BERHAD ("FRONTKN") ("FRONTKN SHARE(S)") ("FRONTKN-C24") |
We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the FRONTKN Shares. FRONTKN-C24 is constituted by the Deed Poll dated 5 December 2022 executed by us for the Structured Warrants, as supplemented from time to time. FRONTKN-C24 is subject to the terms and conditions of the Base Prospectus dated 8 December 2022 and the Term Sheet dated 20 December 2022. FRONTKN-C24 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of FRONTKN-C24 is set out in the attachment. |
Please refer attachment below.
Announcement Info
Company Name | FRONTKN-C24: CW FRONTKEN CORPORATION BERHAD (MIBB) |
Stock Name | FRONTKN-C24 |
Date Announced | 20 Dec 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-19122022-00069 |