STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| PMETAL-C1R: CW PRESS METAL ALUMINIUM HOLDINGS 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 PRESS METAL ALUMINIUM HOLDINGS BERHAD (“PMETAL”) (“PMETAL-C1R”) |
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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 PMETAL.
The PMETAL-C1R is constituted by the Deed Poll dated 16 May 2024 executed by us, as supplemented from time to time. The PMETAL-C1R is subject to the terms and conditions of the Base Prospectus dated 27 May 2024, the First Supplementary Base Prospectus dated 29 August 2024, the Second Supplementary Base Prospectus dated 28 November 2024 and the Term Sheet dated 12 November 2024.
The PMETAL-C1R will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 27 May 2024, the First Supplementary Base Prospectus dated 29 August 2024 and the Second Supplementary Base Prospectus dated 29 November 2024.
A summary of principal terms of the PMETAL-C1R is set out in Table 1.
This announcement is dated 14 January 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | PMETAL-C1R: CW PRESS METAL ALUMINIUM HOLDINGS BERHAD (KIBB) |
| Stock Name | PMETAL-C1R |
| Date Announced | 14 Jan 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10012025-00034 |