General Announcement for PLC
23/07/2020STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| GTRONIC-C8: CW GLOBETRONICS TECHNOLOGY 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 ORDINARY SHARES OF GLOBETRONICS TECHNOLOGY BERHAD ("GTRONIC") ("GTRONIC-C8") |
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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 GTRONIC.
The GTRONIC-C8 is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The GTRONIC-C8 is subject to terms and conditions of the Base Prospectus dated 18 May 2020 and the Term Sheet dated 23 July 2020.
The GTRONIC-C8 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 18 May 2020.
A summary of principal terms of the GTRONIC-C8 is set out in Table 1.
This announcement is dated 23 July 2020. |
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Please refer attachment below.
Attachments
Table 1 - GTRONIC-C8.pdf
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Announcement Info
| Company Name | GTRONIC-C8: CW GLOBETRONICS TECHNOLOGY BERHAD (KIBB) |
| Stock Name | GTRONIC-C8 |
| Date Announced | 23 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21072020-00161 |