STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| TMK-CC: CW TMK CHEMICAL BHD (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 OF TMK CHEMICAL BHD ("TMK") ("TMK-CC") |
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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 TMK.
The TMK-CC is constituted by the Deed Poll dated 20 May 2025 executed by us, as supplemented from time to time. The TMK-CC is subject to the terms and conditions of the Base Prospectus dated 27 May 2025 and the Term Sheet dated 23 June 2025.
The TMK-CC will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 27 May 2025.
A summary of principal terms of the TMK-CC is set out in Table 1.
This announcement is dated 23 June 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | TMK-CC: CW TMK CHEMICAL BHD (KIBB) |
| Stock Name | TMK-CC |
| Date Announced | 23 Jun 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17062025-00044 |