General Announcement for PLC
13/01/2020STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| VS-C27: CW V.S. INDUSTRY 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 V.S. INDUSTRY BERHAD (''VS'') (''VS-C27'') |
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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 VS.
The VS-C27 is constituted by the Deed Poll dated 9 May 2019 executed by us, as supplemented from time to time. The VS-C27 is subject to terms and conditions of the Base Prospectus dated 14 May 2019 and the Term Sheet dated 13 January 2020.
The VS-C27 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 VS-C27 is set out in Table 1.
This announcement is dated 13 January 2020. |
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Please refer attachment below.
Attachments
Table 1 - VS-C27.pdf
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Announcement Info
| Company Name | VS-C27: CW V.S. INDUSTRY BERHAD (KIBB) |
| Stock Name | VS-C27 |
| Date Announced | 13 Jan 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09012020-00087 |