General Announcement for PLC

11/01/2021

STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING

AIRASIAC1J: CW AIRASIA GROUP BERHAD (KIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
FURTHER OFFERING
Description
KENANGA INVESTMENT BANK BERHAD ("KIBB")

PROPOSED FURTHER ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF AIRASIA GROUP BERHAD ("AIRASIA") ("AIRASIAC1J")

Reference is made to our announcements 28 May 2020 in relation to the offering of 50,000,000 European-style non-collateralised cash-settled call warrants over the AIRASIA (“Existing Issue”).

 

KIBB are pleased to announce the proposed further issue of up to 50,000,000 European-style non-collateralised cash-settled call warrants over the AIRASIA (“Proposed Further Issue”).

 

The purpose of the Proposed Further Issue is to facilitate the market making process of the Existing Issue. The Proposed Further Issue will form part of the Existing Issue and the terms and conditions of the Proposed Further Issue will be identical with the Existing Issue.

 

The tentative listing date for the Proposed Further Issue of AIRASIAC1J is 19 January 2021.

 

The Proposed Further Issue is subject to all necessary approvals being obtained from Bursa Malaysia Securities Berhad.

 

This announcement is dated 11 January 2021.






Announcement Info

Company Name AIRASIAC1J: CW AIRASIA GROUP BERHAD (KIBB)
Stock Name AIRASIAC1J
Date Announced 11 Jan 2021
Category General Announcement for PLC
Reference Number GA1-09012021-00003