BASWELL

(%)

Initial Public Offering (IPO)

BASWELL RESOURCES BERHAD

SubjectPUBLIC ISSUE OF 7,800,000 NEW ORDINARY SHARES OF RM1.00 EACH COMPRISING:

- 1,586,000 NEW ORDINARY SHARES OF RM1.00 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC AT AN ISSUE PRICE OF RM1.50 PER SHARE PAYABLE IN FULL ON APPLICATION

- 2,000,000 NEW ORDINARY SHARES OF RM1.00 EACH BY WAY OF PRIVATE PLACEMENT AT AN ISSUE PRICE OF RM1.50 PER SHARE PAYABLE IN FULL ON APPLICATION

- 2,400,000 NEW ORDINARY SHARES OF RM1.00 EACH AVAILABLE FOR APPLICATION BY THE ELIGIBLE EMPLOYEES DIRECTORS, SUPPLIERS AND CUSTOMERS OF BASWELL RESOURCES BERHAD AND ITS SUBSIDIARIES AT AN ISSUE PRICE OF RM1.50 PER SHARE PAYABLE IN FULL ON APPLICATION; AND

- 1,814,000 NEW ORDINARY SHARES OF RM1.00 EACH AVAILABLE FOR APPLICATION BY BUMIPUTERA INVESTORS IDENTIFIED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT AN ISSUE PRICE OF RM1.50 PER SHARE PAYABLE IN FULL ON APPLICATION


Announcement Info

Company NameBASWELL RESOURCES BERHAD  
Stock Name BASWELL    
Date Announced30 Dec 2002  
CategoryDocument Receipt
Reference NoIJ-021230-37870