HIBISCS-C57

0.050

+0.015 (+42.9%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HIBISCS-C57: CW HIBISCUS PETROLEUM BERHAD (AFFIN)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
AFFIN HWANG INVESTMENT BANK BERHAD ("AFFIN HWANG IB")

PROPOSED ISSUE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS-C57")

We are pleased to announce the offering by Affin Hwang IB of up to 100,000,000 non-collateralised European-style cash settled call warrants over ordinary shares of HIBISCS by way of market making.

 

HIBISCS-C57 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

 

HIBISCS-C57 is constituted by the Deed Poll dated 3 October 2023. HIBISCS-C57 is subject to the terms and conditions of the Base Prospectus dated 13 October 2023 and the Term Sheet for HIBISCS-C57 dated 28 November 2023.

 

A summary of the principal terms of the HIBISCS-C57 is set out in the attachment.

 




Please refer attachment below.

Attachments

Table 1 - HIBISCS-C57.pdf
85.2 kB



Announcement Info

Company Name HIBISCS-C57: CW HIBISCUS PETROLEUM BERHAD (AFFIN)
Stock Name HIBISCS-C57
Date Announced 28 Nov 2023
Category General Announcement for PLC
Reference Number GA1-27112023-00039