STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| KOSSAN-C75: CW KOSSAN RUBBER INDUSTRIES BHD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF KOSSAN RUBBER INDUSTRIES BERHAD ("KOSSAN") ("KOSSAN SHARES") WITH AN EXERCISE RATIO OF 6 CALL WARRANTS : 1 KOSSAN SHARE ("KOSSAN-C75") |
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With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of KOSSAN, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. |
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Please refer attachment below.
Announcement Info
| Company Name | KOSSAN-C75: CW KOSSAN RUBBER INDUSTRIES BHD (AM) |
| Stock Name | KOSSAN-C75 |
| Date Announced | 05 Dec 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04122024-00025 |