KOSSAN-C75

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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")

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.

KOSSAN-C75 is constituted by the Deed Poll dated 06 November 2024 executed by us, as supplemented from time to time. The KOSSAN-C75 is subject to the terms and conditions of the Base Prospectus dated 15 November 2024 and the Term Sheet for the KOSSAN-C75 dated 05 December 2024.

A summary of the principal terms of the KOSSAN-C75 is set out in Table 1.


This announcement is dated 05 December 2024. 




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