STRUCTURED WARRANTS ANNOUNCEMENT : FURTHER OFFERING
| COMFORT-CC: CW COMFORT GLOVES BERHAD (KIBB) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT FURTHER OFFERING |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
PROPOSED FURTHER ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF COMFORT GLOVES BERHAD ("COMFORT") ("COMFORT-CC") |
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Reference is made to our announcements 17 September 2020 and 2 November 2020 in relation to the offering of 70,000,000 European-style non-collateralised cash-settled call warrants over the COMFORT (“Existing Issue”).
KIBB are pleased to announce the proposed further issue of up to 50,000,000 European-style non-collateralised cash-settled call warrants over the COMFORT (“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 COMFORT-CC is 20 November 2020.
The Proposed Further Issue is subject to all necessary approvals being obtained from Bursa Malaysia Securities Berhad.
This announcement is dated 12 November 2020. |
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Announcement Info
| Company Name | COMFORT-CC: CW COMFORT GLOVES BERHAD (KIBB) |
| Stock Name | COMFORT-CC |
| Date Announced | 12 Nov 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11112020-00104 |