STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| MBMR-CN: CW MBM RESOURCES BHD (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 ORDINARY SHARES OF MBM RESOURCES BERHAD ("MBMR") ("MBMR-CN") |
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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 MBMR.
The MBMR-CN is constituted by the Deed Poll dated 9 May 2019 executed by us, as supplemented from time to time. The MBMR-CN is subject to terms and conditions of the Base Prospectus dated 14 May 2019 and the Term Sheet dated 24 September 2019.
The MBMR-CN will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 14 May 2019.
A summary of principal terms of the MBMR-CN is set out in Table 1.
This announcement is dated 24 September 2019. |
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Please refer attachment below.
Announcement Info
| Company Name | MBMR-CN: CW MBM RESOURCES BHD (KIBB) |
| Stock Name | MBMR-CN |
| Date Announced | 24 Sep 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20092019-00047 |