HIBISCS-C56

0.070

+0.01 (+16.7%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HIBISCS-C56: CW HIBISCUS PETROLEUM 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 HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS SHARE(S)") ("HIBISCS-C56")

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 HIBISCS Shares.

HIBISCS-C56 is constituted by the Deed Poll dated 5 December 2022 executed by us for the Structured Warrants, as supplemented from time to time. HIBISCS-C56 is subject to the terms and conditions of the Base Prospectus dated 8 December 2022, the First Supplementary Base Prospectus dated 25 September 2023 and the Term Sheet dated 31 October 2023.

HIBISCS-C56 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of HIBISCS-C56 is set out in the attachment.




Please refer attachment below.

Attachments

Table_HIBISCS-C56.pdf
136.9 kB



Announcement Info

Company Name HIBISCS-C56: CW HIBISCUS PETROLEUM BERHAD (MIBB)
Stock Name HIBISCS-C56
Date Announced 31 Oct 2023
Category General Announcement for PLC
Reference Number GA1-30102023-00044