TOMEI

0.890

-0.015 (-1.7%)

OTHERS TOMEI CONSOLIDATED BERHAD ("TOMEI" OR "COMPANY") - PROPOSED LISTING OF YX PRECIOUS METALS BHD ("YXPM") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("PROPOSED LISTING EXERCISE")

TOMEI CONSOLIDATED BERHAD

Type Announcement
Subject OTHERS
Description
TOMEI CONSOLIDATED BERHAD ("TOMEI" OR "COMPANY") - PROPOSED LISTING OF YX PRECIOUS METALS BHD ("YXPM") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("PROPOSED LISTING EXERCISE")

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in Tomei’s announcements dated 7 January 2021, 18 August 2021, 27 August 2021, 13 January 2022, 15 February 2022, 14 March 2022 and 13 April 2022.

 

On behalf of the Board, PIVB wishes to announce that YXPM had on 21 April 2022 entered into an underwriting agreement with PIVB, being YXPM’s Sole Underwriter, to underwrite 48,378,000 IPO Shares as part of the Proposed Public Issue, in conjunction with the Proposed Listing Exercise. The details of the 48,378,000 IPO Shares are as follows:

 

(i) 18,608,000 IPO Shares, representing 5.00% of the enlarged issued share capital of YXPM, will be made available for application by the Malaysian Public via balloting, of which 50.00% is to be set aside for Bumiputera public investors;

 

(ii) 11,162,000 IPO Shares, representing 3.00% of the enlarged issued share capital of YXPM, will be made available for application by the eligible directors and employees of the YXPM Group, directors and employees of Tomei Group as well as any other persons who have contributed to the success of the YXPM Group under the Proposed Pink Form Allocation; and

 

(iii) 18,608,000 IPO Shares, representing 5.00% of the enlarged issued share capital of YXPM, will be made available to the Entitled Shareholders of Tomei under the Proposed Restricted Offering.

 

This announcement is dated 21 April 2022.




Please refer attachment below.

Attachments

YXPM - Press Release.pdf
539.6 kB



Announcement Info

Company Name TOMEI CONSOLIDATED BERHAD
Stock Name TOMEI
Date Announced 21 Apr 2022
Category General Announcement for PLC
Reference Number GA1-20042022-00065