STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
AAX-HA: PW AIRASIA X 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 PUT WARRANTS OVER THE ORDINARY SHARES OF AIRASIA X BERHAD ("AAX") ("AAX-HA") |
We are pleased to announce the proposed issue by KIBB of up to 35,000,000 European style non-collateralised cash-settled put warrants over the ordinary shares of AAX.
The AAX-HA is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The AAX-HA is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 7 December 2023.
The AAX-HA 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 AAX-HA is set out in Table 1.
This announcement is dated 7 December 2023. |
Please refer attachment below.
Announcement Info
Company Name | AAX-HA: PW AIRASIA X BERHAD (KIBB) |
Stock Name | AAX-HA |
Date Announced | 07 Dec 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-06122023-00020 |