STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING
| DPHARMA-CC: CW DUOPHARMA BIOTECH BERHAD (RHB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT FURTHER OFFERING |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
PROPOSED FURTHER ISSUE OF UP TO 20,000,000 NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF DUOPHARMA BIOTECH BERHAD("DPHARMA") ("DPHARMA-CC") |
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Reference is made to our announcements 10 August 2020 in relation to the offering of 40,000,000 European-style non-collateralised cash-settled call warrants over DPHARMA (“Existing Issue”).
RHBIB are pleased to announce the proposed further issue of up to 20,000,000 non-collateralised European-style cash-settled call warrants over DPHARMA (“Proposed Further Issue”).
The purpose of the Proposed Further Issue is to facilitate the market making process of the Existing Issue. The Proposed Further Issue will form part of the Existing Issue and the terms and conditions of the Proposed Further Issue will be identical with the Existing Issue.
The tentative listing date for the Proposed Further Issue of DPHARMA-CC is 26 October 2020.
The Proposed Further Issue is subject to all necessary approvals being obtained from Bursa Malaysia Securities Berhad.
This announcement is dated 19 October 2020. |
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Announcement Info
| Company Name | DPHARMA-CC: CW DUOPHARMA BIOTECH BERHAD (RHB) |
| Stock Name | DPHARMA-CC |
| Date Announced | 19 Oct 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19102020-00124 |