STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| HSI-CWCC: CW HANG SENG INDEX (KIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE HANG SENG INDEX ("HSI") ("HSI-CWCC") |
|
We are pleased to announce the proposed issue by KIBB of up to 80,000,000 European style non-collateralised cash-settled call warrants over the HSI.
The HSI-CWCC is constituted by the Deed Poll dated 16 May 2024 executed by us, as supplemented from time to time. The HSI-CWCC is subject to the terms and conditions of the Base Prospectus dated 27 May 2024, the First Supplementary Base Prospectus dated 29 August 2024, the Second Supplementary Base Prospectus dated 29 November 2024 and the Term Sheet dated 4 December 2024.
The HSI-CWCC will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 27 May 2024, the First Supplementary Base Prospectus dated 29 August 2024 and the Second Supplementary Base Prospectus dated 29 November 2024.
A summary of principal terms of the HSI-CWCC is set out in Table 1.
This announcement is dated 4 December 2024. |
|
Please refer attachment below.
Announcement Info
| Company Name | HSI-CWCC: CW HANG SENG INDEX (KIBB) |
| Stock Name | HSI-CWCC |
| Date Announced | 04 Dec 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03122024-00027 |