STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
TENAGA-C1X: CW TENAGA NASIONAL BERHAD (MIBB) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF TENAGA NASIONAL BERHAD ("TENAGA") ("TENAGA SHARE(S)") ("TENAGA-C1X") |
We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the TENAGA Shares. TENAGA-C1X is constituted by the Deed Poll dated 5 December 2022 executed by us for the Structured Warrants, as supplemented from time to time. TENAGA-C1X is subject to the terms and conditions of the Base Prospectus dated 8 December 2022 and the Term Sheet dated 27 June 2023. TENAGA-C1X is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of TENAGA-C1X is set out in the attachment. |
Please refer attachment below.
Announcement Info
Company Name | TENAGA-C1X: CW TENAGA NASIONAL BERHAD (MIBB) |
Stock Name | TENAGA-C1X |
Date Announced | 27 Jun 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-26062023-00048 |