STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING
EKOVEST-C39: CW EKOVEST BERHAD (KIBB) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT FURTHER OFFERING |
Description | KENANGA INVESTMENT BANK BERHAD ("KIBB") PROPOSED FURTHER ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF EKOVEST BERHAD ("EKOVEST") ("EKOVEST-C39") |
Reference is made to our announcements 22 June 2023 in relation to the offering of 35,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of EKOVEST (“Existing Issue”).
KIBB are pleased to announce the proposed further issue of up to 35,000,000 European-style non-collateralised cash-settled call warrants over the ordinary shares of EKOVEST (“Proposed Further Issue”).
The purpose of the Proposed Further Issue is to facilitate the market making process of the Existing Issue. The Proposed Further Issue will form part of the Existing Issue and the terms and conditions of the Proposed Further Issue will be identical with the Existing Issue.
The tentative listing date for the Proposed Further Issue of EKOVEST-C39 is 6 October 2023.
The Proposed Further Issue is subject to all necessary approvals being obtained from Bursa Malaysia Securities Berhad.
This announcement is dated 29 September 2023. |
Announcement Info
Company Name | EKOVEST-C39: CW EKOVEST BERHAD (KIBB) |
Stock Name | EKOVEST-C39 |
Date Announced | 29 Sep 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-27092023-00012 |