General Announcement for PLC

19/02/2020

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

KOSSAN-C4: CW KOSSAN RUBBER INDUSTRIES 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 KOSSAN RUBBER INDUSTRIES BHD ("KOSSAN") ("KOSSAN SHARE(S)") ("KOSSAN-C4")

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 KOSSAN shares.

KOSSAN-C4 is constituted by the Deed Poll dated 8 November 2019 executed by us for the Structured Warrants, as supplemented from time to time. KOSSAN-C4 is subject to the terms and conditions of the Base Prospectus dated 15 November 2019 and the Term Sheet dated 19 February 2020.

KOSSAN-C4 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of KOSSAN-C4 is set out in the attachment.




Please refer attachment below.

Attachments

Table_KOSSAN-C4.pdf
97.3 kB



Announcement Info

Company Name KOSSAN-C4: CW KOSSAN RUBBER INDUSTRIES BERHAD (MIBB)
Stock Name KOSSAN-C4
Date Announced 19 Feb 2020
Category General Announcement for PLC
Reference Number GA1-18022020-00049