STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
| PPB-CQ: CW PPB GROUP BERHAD (KIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS |
| 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 PPB GROUP BERHAD ("PPB") ("PPB-CQ") |
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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 PPB.
The PPB-CQ is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The PPB-CQ is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 22 June 2023.
The PPB-CQ 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 PPB-CQ is set out in Table 1.
This announcement is dated 22 June 2023. |
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Please refer attachment below.
Announcement Info
| Company Name | PPB-CQ: CW PPB GROUP BERHAD (KIBB) |
| Stock Name | PPB-CQ |
| Date Announced | 22 Jun 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21062023-00022 |