STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| HIBISCS-C51: CW HIBISCUS PETROLEUM 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 HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS-C51") |
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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 HIBISCS.
The HIBISCS-C51 is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The HIBISCS-C51 is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 14 June 2023.
The HIBISCS-C51 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 25 May 2023.
A summary of principal terms of the HIBISCS-C51 is set out in Table 1.
This announcement is dated 14 June 2023. |
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Please refer attachment below.
Announcement Info
| Company Name | HIBISCS-C51: CW HIBISCUS PETROLEUM BERHAD (KIBB) |
| Stock Name | HIBISCS-C51 |
| Date Announced | 14 Jun 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12062023-00069 |