STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| YTLPOWR-HE: PW YTL POWER INTERNATIONAL 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 YTL POWER INTERNATIONAL BERHAD ("YTLPOWR") ("YTLPOWR-HE") |
|
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 YTLPOWR.
The YTLPOWR-HE is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The YTLPOWR-HE is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 25 April 2024.
The YTLPOWR-HE 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 YTLPOWR-HE is set out in Table 1.
This announcement is dated 25 April 2024. |
|
Please refer attachment below.
Announcement Info
| Company Name | YTLPOWR-HE: PW YTL POWER INTERNATIONAL BERHAD (KIBB) |
| Stock Name | YTLPOWR-HE |
| Date Announced | 25 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22042024-00035 |