HIBISCS-C79

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HIBISCS-C79: CW HIBISCUS PETROLEUM BERHAD (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 HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS SHARES") WITH AN EXERCISE RATIO OF 3 CALL WARRANTS : 1 HIBISCS SHARE ("HIBISCS-C79")

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 HIBISCS, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

HIBISCS-C79 is constituted by the Deed Poll dated 06 November 2024 executed by us, as supplemented from time to time. The HIBISCS-C79 is subject to the terms and conditions of the Base Prospectus dated 15 November 2024, First Supplementary Base Prospectus dated 15 January 2025, Second Supplementary Base Prospectus dated 20 March 2025, Third Supplementary Base Prospectus dated 18 April 2025 and the Term Sheet for the HIBISCS-C79 dated 30 May 2025.

A summary of the principal terms of the HIBISCS-C79 is set out in Table 1.


This announcement is dated 30 May 2025. 




Please refer attachment below.



Announcement Info

Company Name HIBISCS-C79: CW HIBISCUS PETROLEUM BERHAD (AM)
Stock Name HIBISCS-C79
Date Announced 30 May 2025
Category General Announcement for PLC
Reference Number GA1-28052025-00070