General Announcement for PLC

29/04/2020

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TOPGLOV-C74: CW TOP GLOVE CORPORATION BHD (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 TOP GLOVE CORPORATION BHD ("TOPGLOV") ("TOPGLOV-C74")

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 TOPGLOV.

 

The TOPGLOV-C74 is constituted by the Deed Poll dated 9 May 2019 executed by us, as supplemented from time to time. The TOPGLOV-C74 is subject to terms and conditions of the Base Prospectus dated 14 May 2019 and the Term Sheet dated 29 April 2020.

 

The TOPGLOV-C74 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 TOPGLOV-C74 is set out in Table 1.

 

This announcement is dated 29 April 2020.




Please refer attachment below.

Attachments

Table 1 - TOPGLOV-C74.pdf
270.6 kB



Announcement Info

Company Name TOPGLOV-C74: CW TOP GLOVE CORPORATION BHD (KIBB)
Stock Name TOPGLOV-C74
Date Announced 29 Apr 2020
Category General Announcement for PLC
Reference Number GA1-27042020-00074