KTI Landmark Secures Underwriting Deal for ACE Market IPO
KTI Landmark Secures Underwriting Deal for ACE Market IPO
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.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.
總部位於沙巴的房地產開發商KTI Landmark Berhad（KTI）已與M&A Securities Sdn Bhd就其即將在馬來西亞證券交易所的ACE市場上市簽署了承保協議。
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.
首次公開募股（IPO）包括1.6億股新股和4500萬股現有股票的要約，分別佔KTI擴大股本的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將承保8000萬股新股，用於馬來西亞的公開和粉紅形式分配，而其餘的8000萬股新股將發放給國際貿易和工業部（MITI）批准的Bumiputera投資者。
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.
關於要約出售部分，2,000萬股股票預留給MITI批准的Bumiputera投資者進行私募配售，其餘的2500萬股將通過私募分配給選定的投資者。
KTI group MD and CEO, Gordon Loke, expressed confidence in the company's growth trajectory and its transition to a listed entity.
KTI集團總經理兼首席執行官戈登·洛克對公司的增長軌跡及其向上市實體的過渡表示了信心。
He highlighted KTI's diversified portfolio, including construction services, property development, and manufacturing of industrialised building system components.
他重點介紹了KTI的多元化投資組合，包括建築服務、房地產開發和工業化建築系統組件的製造。
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.
他說，作爲沙巴州Lembaga Pembangunan Pembangunan Pembangunan Perumahan dan dan Bandar（LPPB）項目的設計和建造承包商，KTI有着成功的往績記錄，自1998年以來已經完成了價值2.076億令吉的住宅和商業項目。
The company aims to increase investor confidence and enhance its long-term value by listing on the ACE Market.
該公司旨在通過在ACE市場上市來增強投資者的信心並提高其長期價值。
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在沙巴州的不同地點正在進行和即將進行的項目，總價值23億令吉的GDV，包括亞庇、都蘭、山打根和帕帕。
Notable projects include Taman Wawasan, Taman La Gloxinia, and Taman Seri Lemawang.
著名的項目包括 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.
定於2024年6月在ACE市場上市，併購證券將擔任首次公開募股的顧問、保薦人、承銷商和配售代理。