STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING
Amended Announcements
Please refer to the earlier announcement reference number: GA1-26102020-00085
| COMFORT-CC: CW COMFORT GLOVES BERHAD (KIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT FURTHER OFFERING |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
PROPOSED FURTHER ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF COMFORT GLOVES BERHAD ("COMFORT") ("COMFORT-CC") |
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Reference is made to our announcements dated 17 September 2020 in relation to the offering of 35,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of COMFORT ("Existing Issue") and 26 October 2020 in relation to the proposed further issue of up to 35,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of COMFORT ("Further Issue").
The purpose of the Further Issue is to facilitate the market making process of the Existing Issue. The Further Issue will form part of the Existing Issue and the terms and conditions of the Further Issue will be identical with the Existing Issue.
The COMFORT-CC is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The COMFORT-CC is subject to terms and conditions of the Base Prospectus dated 18 May 2020, the First Supplementary Base Prospectus dated 9 October 2020, the Existing Issue Term Sheet dated 17 September 2020 and the Further Issue Term Sheet dated 2 November 2020.
The COMFORT-CC will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 18 May 2020 and the First Supplementary Base Prospectus dated 9 October 2020.
A summary of principal terms of the COMFORT-CC is set out in Table 1.
This announcement is dated 2 November 2020. |
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Please refer attachment below.
Announcement Info
| Company Name | COMFORT-CC: CW COMFORT GLOVES BERHAD (KIBB) |
| Stock Name | COMFORT-CC |
| Date Announced | 02 Nov 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30102020-00139 |