STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| SUNCON-C20: CW SUNWAY CONSTRUCTION GROUP 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 SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") ("SUNCON-C20") |
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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 SUNCON.
The SUNCON-C20 is constituted by the Deed Poll dated 16 May 2024 executed by us, as supplemented from time to time. The SUNCON-C20 is subject to terms and conditions of the Base Prospectus dated 27 May 2024 and the Term Sheet dated 24 July 2024.
The SUNCON-C20 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 27 May 2024.
A summary of principal terms of the SUNCON-C20 is set out in Table 1.
This announcement is dated 24 July 2024.
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Please refer attachment below.
Announcement Info
| Company Name | SUNCON-C20: CW SUNWAY CONSTRUCTION GROUP BERHAD (KIBB) |
| Stock Name | SUNCON-C20 |
| Date Announced | 24 Jul 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23072024-00024 |