IGBCR

1.000

(%)

IPO Prospectus

IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST

Subject (I) RESTRICTED OFFERING OF UP TO 945,000,132 UNITS IN IGB COMMERCIAL REIT ("UNITS") COMPRISING: (A) RESTRICTED OFFER FOR SALE OF UP TO 378,000,053 UNITS ("ROFS UNITS") ON A NON-RENOUNCEABLE BASIS TO ENTITLED SHAREHOLDERS OF IGB BERHAD ("IGB") ("ENTITLED SHAREHOLDERS") ON THE BASIS OF TWO (2) ROFS UNITS FOR EVERY FIVE (5) ORDINARY SHARES IN IGB HELD ON 4 JUNE 2021 AT THE PRICE OF RM1.00 PER ROFS UNIT; AND (B) DISTRIBUTION-IN-SPECIE OF UP TO 567,000,079 UNITS ("DIS UNITS") TO BE DISTRIBUTED ONLY TO ENTITLED SHAREHOLDERS WHO HAVE SUBSCRIBED FOR THEIR ENTITLEMENTS TO THE ROFS UNITS ON THE BASIS OF THREE (3) DIS UNITS FOR EVERY TWO (2) ROFS UNITS SUBSCRIBED; AND (II) INSTITUTIONAL OFFERING OF AT LEAST 282,000,000 UNITS COMPRISING: (A) OFFER FOR SALE OF 282,000,000 UNITS BY CERTAIN SHAREHOLDERS OF IGB WHOM HAVE UNDERTAKEN TO OFFER FOR SALE; AND (B) OFFER FOR SALE OF ALL UNSUBSCRIBED ROFS UNITS TOGETHER WITH THE CORRESPONDING DIS UNITS, TO INSTITUTIONAL INVESTORS AND SELECTED INVESTORS AT THE INSTITUTIONAL PRICE BEING THE PRICE PER OFFER UNIT TO BE PAID BY THE INVESTORS WHICH WILL BE DETERMINED BY WAY OF BOOKBUILDING; IN CONNECTION WITH THE LISTING OF AND QUOTATION FOR 2,307,300,000 UNITS ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD


Please refer attachment below.



Announcement Info

Company Name IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST
Stock Name IGBCR
Date Announced 28 Jul 2021
Category Document Submission
Reference Number DCS-26072021-00025