SENHENG

0.300

(%)

IPO Prospectus

SENHENG NEW RETAIL BERHAD

Subject INITIAL PUBLIC OFFERING ("IPO") OF 389,500,000 ORDINARY SHARES IN SENHENG NEW RETAIL BERHAD ("SENHENG") ("SHARES") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF SENHENG ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:- (A) PUBLIC ISSUE OF 250,000,000 NEW SHARES ("ISSUE SHARES") COMPRISING:- (I) 30,000,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 22,500,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF SENHENG AND ITS SUBSIDIARIES ("GROUP") AS WELL AS OTHER PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP; (III) 48,000,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY OF MALAYSIA ("MITI"); AND (IV) 149,500,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND SELECTED INVESTORS; AND (B) OFFER FOR SALE OF 139,500,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY MITI, AT AN IPO PRICE OF RM1.07 PER IPO SHARE PAYABLE IN FULL ON APPLICATION.


Please refer attachment below.



Announcement Info

Company Name SENHENG NEW RETAIL BERHAD
Stock Name SENHENG
Date Announced 29 Dec 2021
Category Document Submission
Reference Number DCS-29122021-00001