STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| PCHEM-C1K: CW PETRONAS CHEMICALS GROUP 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 PETRONAS CHEMICALS GROUP BERHAD ("PCHEM") ("PCHEM-C1K") |
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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 PCHEM.
The PCHEM-C1K is constituted by the Deed Poll dated 16 May 2024 executed by us, as supplemented from time to time. The PCHEM-C1K is subject to the terms and conditions of the Base Prospectus dated 27 May 2024, the First Supplementary Base Prospectus dated 29 August 2024, the Second Supplementary Base Prospectus dated 29 November 2024 and the Term Sheet dated 11 April 2025.
The PCHEM-C1K will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 27 May 2024, the First Supplementary Base Prospectus dated 29 August 2024 and the Second Supplementary Base Prospectus dated 29 November 2024.
A summary of principal terms of the PCHEM-C1K is set out in Table 1.
This announcement is dated 11 April 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | PCHEM-C1K: CW PETRONAS CHEMICALS GROUP BERHAD (KIBB) |
| Stock Name | PCHEM-C1K |
| Date Announced | 11 Apr 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10042025-00059 |