General Announcement for PLC

29/04/2020

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

PMETAL-C39: 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 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PRESS METAL ALUMINIUM HOLDINGS BERHAD ("PMETAL") ("PMETAL-C39")

We are pleased to announce the proposed issue by KIBB of up to 50,000,000 European style non-collateralised cash-settled call warrants over the ordinary shares of PMETAL.

 

The PMETAL-C39 is constituted by the Deed Poll dated 9 May 2019 executed by us, as supplemented from time to time. The PMETAL-C39 is subject to terms and conditions of the Base Prospectus dated 14 May 2019 and the Term Sheet dated 29 April 2020.

 

The PMETAL-C39 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 14 May 2019.

A summary of principal terms of the PMETAL-C39 is set out in Table 1.

 

This announcement is dated 29 April 2020.




Please refer attachment below.

Attachments

Table 1 - PMETAL-C39.pdf
270.7 kB



Announcement Info

Company Name PMETAL-C39: CW PRESS METAL ALUMINIUM HOLDINGS BERHAD (KIBB)
Stock Name PMETAL-C39
Date Announced 29 Apr 2020
Category General Announcement for PLC
Reference Number GA1-27042020-00072


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