STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| LBS-CD: CW LBS BINA 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 LBS BINA GROUP BERHAD ("LBS") ("LBS-CD") |
|
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 LBS.
The LBS-CD is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The LBS-CD is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 26 October 2023.
The LBS-CD 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 LBS-CD is set out in Table 1.
This announcement is dated 26 October 2023. |
|
Please refer attachment below.
Announcement Info
| Company Name | LBS-CD: CW LBS BINA GROUP BERHAD (KIBB) |
| Stock Name | LBS-CD |
| Date Announced | 26 Oct 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23102023-00059 |