STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| HENGYUANC53: CW HENGYUAN REFINING COMPANY 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 HENGYUAN REFINING COMPANY BERHAD ("HENGYUAN") ("HENGYUANC53") |
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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 HENGYUAN.
The HENGYUANC53 is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The HENGYUANC53 is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 28 February 2024.
The HENGYUANC53 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 HENGYUANC53 is set out in Table 1.
This announcement is dated 28 February 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | HENGYUANC53: CW HENGYUAN REFINING COMPANY BERHAD (KIBB) |
| Stock Name | HENGYUANC53 |
| Date Announced | 28 Feb 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26022024-00073 |