STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| VELESTO-C42: CW VELESTO ENERGY BERHAD (CLSA) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | CLSA SECURITIES MALAYSIA SDN. BHD. ("CLSASM")
OFFERING OF UP TO 60,000,000 NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF VELESTO ENERGY BERHAD ("VELESTO") ("VELESTO-C42") |
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We are pleased to announce the offering by CLSASM of up to 60,000,000 non-collateralised European-style cash settled call warrants over ordinary shares of VELESTO by way of market making. The VELESTO-C42 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. The VELESTO-C42 is constituted by the Deed Poll dated 28 March 2025. The VELESTO-C42 is subject to the terms and conditions of the Base Prospectus dated 11 April 2025, the First Supplementary Base Prospectus dated 26 June 2025 and the Second Supplementary Base Prospectus dated 27 August 2025. The obligations of CLSASM under VELESTO-C42 are guaranteed by CITIC Securities International Company Limited pursuant to the Guarantee Deed Poll dated 28 March 2025. A summary of the principal terms of VELESTO-C42 is set out in the attachment.
This announcement is dated 31 October 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | VELESTO-C42: CW VELESTO ENERGY BERHAD (CLSA) |
| Stock Name | VELESTO-C42 |
| Date Announced | 31 Oct 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30102025-00050 |