share_log

AZAMJAYA: INITIAL PUBLIC OFFERING ("IPO") OF 128,800,000 ORDINARY SHARES IN AZAM JAYA BERHAD ("AZAM JAYA") ("SHARES") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AZAM JAYA ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (A) PUBLIC ISSUE OF 78,800,000 NEW SHARES ("ISSUE SHARES") COMPRISING: (I) 25,000,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 10,000,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF AZAM JAYA AND ITS SUBSIDIARIES ("GROUP") AS WELL AS OTHER PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP; AND (III) 43,800,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND SELECTED INVESTORS; AND (B) OFFER FOR SALE OF 50,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND SELECTED INVESTORS, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AS SET OUT IN THE PROSPECTUS, AT AN IPO PRICE OF RM0.78 PER IPO SHARE PAYABLE IN FULL ON APPLICATION

Bursa Malaysia ·  Oct 18 01:16
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more