UEMS-C88

0.420

-0.025 (-5.6%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

UEMS-C88: CW UEM SUNRISE 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 UEM SUNRISE BERHAD ("UEMS") ("UEMS-C88")

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 UEMS.

 

The UEMS-C88 is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The UEMS-C88 is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 10 August 2023.

 

The UEMS-C88 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 25 May 2023.

 

A summary of principal terms of the UEMS-C88 is set out in Table 1.

 

This announcement is dated 10 August 2023.




Please refer attachment below.

Attachments

Table 1 - UEMS-C88.pdf
58.4 kB



Announcement Info

Company Name UEMS-C88: CW UEM SUNRISE BERHAD (KIBB)
Stock Name UEMS-C88
Date Announced 10 Aug 2023
Category General Announcement for PLC
Reference Number GA1-09082023-00024