General Announcement for PLC
23/07/2020STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| KOSSAN-HB: PW KOSSAN RUBBER INDUSTRIES BERHAD (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 PUT WARRANTS OVER ORDINARY SHARES OF KOSSAN RUBBER INDUSTRIES BERHAD ("KOSSAN") ("KOSSAN-HB") |
|
We are pleased to announce the proposed issue by KIBB of up to 50,000,000 European style non-collateralised cash-settled put warrants over the ordinary shares of KOSSAN.
The KOSSAN-HB is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The KOSSAN-HB is subject to terms and conditions of the Base Prospectus dated 18 May 2020 and the Term Sheet dated 23 July 2020.
The KOSSAN-HB 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 KOSSAN-HB is set out in Table 1.
This announcement is dated 23 July 2020. |
|
Please refer attachment below.
Attachments
Table 1 - KOSSAN-HB.pdf
|
Announcement Info
| Company Name | KOSSAN-HB: PW KOSSAN RUBBER INDUSTRIES BERHAD (KIBB) |
| Stock Name | KOSSAN-HB |
| Date Announced | 23 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21072020-00166 |
| Date | Title |
|---|---|
| 27/08/2020 | STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS |