General Announcement for PLC

09/12/2019

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

HIBISCS-C14: CW HIBISCUS PETROLEUM BERHAD (MIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") 

PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS SHARE(S)") ("HIBISCS-C14")

We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the HIBISCS shares.

HIBISCS-C14 is constituted by the Deed Poll dated 8 November 2019 executed by us for the Structured Warrants, as supplemented from time to time. HIBISCS-C14 is subject to the terms and conditions of the Base Prospectus dated 15 November 2019 and the Term Sheet dated 9 December 2019.

HIBISCS-C14 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of HIBISCS-C14 is set out in the attachment.




Please refer attachment below.

Attachments

Table_ HIBISCS-C14.pdf
97.1 kB



Announcement Info

Company Name HIBISCS-C14: CW HIBISCUS PETROLEUM BERHAD (MIBB)
Stock Name HIBISCS-C14
Date Announced 09 Dec 2019
Category General Announcement for PLC
Reference Number GA1-06122019-00033


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