Subject | INITIAL PUBLIC OFFERING OF 101,590,000 ORDINARY SHARES OF RM0.50 EACH IN TANAH MAKMUR BERHAD (FORMERLY KNOWN AS KREATIF SELARAS SDN BHD) (“TANAH MAKMUR”) (“IPO SHARES”)
IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ORDINARY SHARES OF RM0.50 EACH IN TANAH MAKMUR (“SHARES”) ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES
BERHAD COMPRISING AN OFFER FOR SALE OF 49,450,000 EXISTING SHARES AND A PUBLIC ISSUE OF 52,140,000 NEW SHARES, IN THE FOLLOWING MANNER:
(I) INSTITUTIONAL OFFERING OF 75,184,000 IPO SHARES TO MALAYSIAN INSTITUTIONAL AND SELECTED INVESTORS AT RM1.25 PER IPO SHARE; AND
(II) RETAIL OFFERING OF 26,406,000 IPO SHARES TO THE ELIGIBLE DIRECTORS AND EMPLOYEES, AND ELIGIBLE PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF TANAH MAKMUR AND ITS SUBSIDIARIES, AND THE MALAYSIAN PUBLIC, AT RM1.25 PER IPO SHARE PAYABLE IN FULL UPON APPLICATION,
SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1667265 |