STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| DNEX-CG: CW DAGANG NEXCHANGE 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 DAGANG NEXCHANGE BERHAD ("DNEX") ("DNEX-CG") |
|
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 DNEX.
The DNEX-CG is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The DNEX-CG is subject to terms and conditions of the Base Prospectus dated 21 May 2021 and the Term Sheet dated 8 July 2021.
The DNEX-CG will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 21 May 2021.
A summary of principal terms of the DNEX-CG is set out in Table 1.
This announcement is dated 8 July 2021. |
|
Please refer attachment below.
Announcement Info
| Company Name | DNEX-CG: CW DAGANG NEXCHANGE BERHAD (KIBB) |
| Stock Name | DNEX-CG |
| Date Announced | 08 Jul 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06072021-00046 |