General Announcement for PLC
20/01/2020STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
MAGNI-CB: CW MAGNI-TECH INDUSTRIES 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 MAGNI-TECH INDUSTRIES BERHAD ("MAGNI") ("MAGNI-CB") |
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 MAGNI.
The MAGNI-CB is constituted by the Deed Poll dated 9 May 2019 executed by us, as supplemented from time to time. The MAGNI-CB is subject to terms and conditions of the Base Prospectus dated 14 May 2019 and the Term Sheet dated 20 January 2020.
The MAGNI-CB will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 14 May 2019.
A summary of principal terms of the MAGNI-CB is set out in Table 1.
This announcement is dated 20 January 2020. |
Please refer attachment below.
Attachments
Table 1 - MAGNI-CB.pdf
|
Announcement Info
Company Name | MAGNI-CB: CW MAGNI-TECH INDUSTRIES BERHAD (KIBB) |
Stock Name | MAGNI-CB |
Date Announced | 20 Jan 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-17012020-00019 |