Northeast Targets RM84 Million From Ace Market IPO
Northeast Targets RM84 Million From Ace Market IPO
Affin Hwang Investment Bank Berhad is the principal adviser, sponsor, sole placement agent and sole underwriter for this IPO exercise.Northeast Group Berhad launched the prospectus for its initial public offering in conjunction with its upcoming listing on the ACE Market of Bursa Malaysia Securities Berhad which is slated for 15 October 2024.
東北集團Berhad推出招股說明書，與即將在馬來西亞交易所ACE市場上市的計劃相結合，擬定於2024年10月15日上市。
Pursuant to the IPO exercise, Northeast is expected to raise approximately RM84.49 million through the public issue of 168,989,000 new shares at an IPO price of RM0.50 per share. Out of the total proceeds raised, the Group has earmarked 47.34% of the proceeds for the construction of a new factory, while 23.67% will be used towards the repayment of bank borrowings. A further 14.65% will be used towards the purchase of new computer numerical control (CNC) machines, followed by 6.53% being allocated towards working capital. The remaining balance will be channelled towards listing related expenses.
根據IPO計劃，東北集團預計通過公開發行1億6898.9萬股新股，每股IPO價格爲0.50令吉，預計籌集約8449萬令吉。在籌集的總收入中，集團已將47.34%的收入撥款用於新工廠的施工，23.67%用於償還銀行借款。另有14.65%用於購買新的計算機數控（CNC）機器，其次是6.53%用於 營運資本餘款將用於上市相關的費用。
The application of public issue shares by Malaysian public will start today and close at 5.00 p.m. on Thursday, 3 October 2024.
馬來西亞公衆申請公開發行股份的申請將從今天開始，截止時間爲2024年10月3日星期四下午5點。
Affin Hwang Investment Bank Berhad is the principal adviser, sponsor, sole placement agent and sole underwriter for this IPO exercise.
Affin Hwang銀行Berhad是此次IPO計劃的主要顧問、贊助商、唯一的配售代理商和承銷商。