KTI Landmark Secures Underwriting Deal for ACE Market IPO
KTI Landmark Secures Underwriting Deal for ACE Market IPO
Sabah-based property developer KTI Landmark Berhad (KTI) has signed an underwriting agreement with M&A Securities Sdn Bhd for its upcoming listing on the ACE Market of Bursa Malaysia Securities.
总部位于沙巴的房地产开发商KTI Landmark Berhad（KTI）已与M&A Securities Sdn Bhd就其即将在马来西亚证券交易所的ACE市场上市签署了承保协议。
The initial public offering (IPO) consists of 160 million new shares and an offer for sale of 45.0 million existing shares, representing 20.0% and 5.6% of KTI's enlarged share capital, respectively.
首次公开募股（IPO）包括1.6亿股新股和4500万股现有股票的要约，分别占KTI扩大股本的20.0％和5.6％。
M & A Securities will underwrite 80 million new shares for Malaysian public and pink form allocations, while the remaining 80 million new shares will be placed out to Bumiputera investors approved by the Ministry of International Trade and Industry (MITI).
M＆A Securities将承保8000万股新股，用于马来西亚的公开和粉红形式分配，而其余的8000万股新股将发放给国际贸易和工业部（MITI）批准的Bumiputera投资者。
Regarding the offer for sale portion, 20 million shares are reserved for private placement to Bumiputera investors approved by MITI, and the remaining 25 million shares will be allocated through private placement to selected investors.
关于要约出售部分，2,000万股股票预留给MITI批准的Bumiputera投资者进行私募配售，其余的2500万股将通过私募分配给选定的投资者。
KTI group MD and CEO, Gordon Loke, expressed confidence in the company's growth trajectory and its transition to a listed entity.
KTI集团总经理兼首席执行官戈登·洛克对公司的增长轨迹及其向上市实体的过渡表示了信心。
He highlighted KTI's diversified portfolio, including construction services, property development, and manufacturing of industrialised building system components.
他重点介绍了KTI的多元化投资组合，包括建筑服务、房地产开发和工业化建筑系统组件的制造。
He said KTI has a successful track record as a design and build contractor for Lembaga Pembangunan Perumahan dan Bandar (LPPB) projects in Sabah and has completed residential and commercial projects worth RM207.6 million GDV since 1998.
他说，作为沙巴州Lembaga Pembangunan Pembangunan Pembangunan Perumahan dan dan Bandar（LPPB）项目的设计和建造承包商，KTI有着成功的往绩记录，自1998年以来已经完成了价值2.076亿令吉的住宅和商业项目。
The company aims to increase investor confidence and enhance its long-term value by listing on the ACE Market.
该公司旨在通过在ACE市场上市来增强投资者的信心并提高其长期价值。
Currently, KTI has ongoing and upcoming projects worth RM2.3 billion GDV across various locations in Sabah, including Kota Kinabalu, Tuaran, Sandakan, and Papar.
目前，KTI在沙巴州的不同地点正在进行和即将进行的项目，总价值23亿令吉的GDV，包括亚庇、都兰、山打根和帕帕。
Notable projects include Taman Wawasan, Taman La Gloxinia, and Taman Seri Lemawang.
著名的项目包括 Taman Wawasan、Taman La Gloxinia 和 Taman Seri Lemawang。
The listing on the ACE Market is targeted for June 2024, with M&A Securities serving as the adviser, sponsor, underwriter, and placement agent for the IPO.
定于2024年6月在ACE市场上市，并购证券将担任首次公开募股的顾问、保荐人、承销商和配售代理。