Initial Public Offering in conjunction with our listing on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) comprising:
- Public issue of 161,060,000 new ordinary shares in our company (“shares”) in the following manner:
- 40,265,000 new shares available for application by the Malaysian public;
- 10,469,000 new shares available for application by our eligible directors, employees and persons who have contributed to the success of our group;
- 80,530,000 new shares by way of private placement to Bumiputera investors approved by the Ministry of International Trade and Industry; and
- 29,796,000 new shares by way of private placement to selected investors
And
- Offer for sale of 40,800,000 existing shares by way of private placement to selected investors
At an issue/offer price of RM0.48 per share, payable in full upon application.
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