STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| DRBHCOMC3T: CW DRB-HICOM 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 THE ORDINARY SHARES OF DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOMC3T") |
|
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 DRBHCOM.
The DRBHCOMC3T is constituted by the Deed Poll dated 20 May 2025 executed by us, as supplemented from time to time. The DRBHCOMC3T is subject to the terms and conditions of the Base Prospectus dated 27 May 2025 and the Term Sheet dated 13 August 2025.
The DRBHCOMC3T will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 27 May 2025.
A summary of principal terms of the DRBHCOMC3T is set out in Table 1.
This announcement is dated 13 August 2025. |
|
Please refer attachment below.
Announcement Info
| Company Name | DRBHCOMC3T: CW DRB-HICOM BERHAD (KIBB) |
| Stock Name | DRBHCOMC3T |
| Date Announced | 13 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08082025-00034 |