STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| HSI-CVX: CW HANG SENG INDEX (KIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE HANG SENG INDEX ("HSI") ("HSI-CVX") |
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We are pleased to announce the proposed issue by KIBB of up to 50,000,000 European style non-collateralised cash-settled call warrants over the HSI.
The HSI-CVX is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The HSI-CVX is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 12 March 2024.
The HSI-CVX 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 HSI-CVX is set out in Table 1.
This announcement is dated 12 March 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | HSI-CVX: CW HANG SENG INDEX (KIBB) |
| Stock Name | HSI-CVX |
| Date Announced | 12 Mar 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11032024-00012 |