KOSSAN-C64

0.225

-0.02 (-8.2%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

KOSSAN-C64: CW KOSSAN RUBBER INDUSTRIES BHD (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 KOSSAN RUBBER INDUSTRIES BERHAD ("KOSSAN") ("KOSSAN-C64")

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 KOSSAN.

 

The KOSSAN-C64 is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The KOSSAN-C64 is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 30 January 2024.

 

The KOSSAN-C64 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 KOSSAN-C64 is set out in Table 1.

 

This announcement is dated 30 January 2024.




Please refer attachment below.

Attachments

Table 1 - KOSSAN-C64.pdf
58.2 kB



Announcement Info

Company Name KOSSAN-C64: CW KOSSAN RUBBER INDUSTRIES BHD (KIBB)
Stock Name KOSSAN-C64
Date Announced 30 Jan 2024
Category General Announcement for PLC
Reference Number GA1-26012024-00024