IPO Prospectus
| CNERGENZ BERHAD |
| Subject | INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED SHARE CAPITAL OF CNERGENZ BERHAD ("CNERGENZ") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING:- (A) A PUBLIC ISSUE OF 100,000,000 NEW ORDINARY SHARES IN CNERGENZ ("SHARE(S)") ("ISSUE SHARE(S)") IN THE FOLLOWING MANNER:- (I) 25,000,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 10,000,000 ISSUE SHARES RESERVED FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES AS WELL AS PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; (III) 52,750,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INSTITUTIONAL AND/OR SELECTED INVESTORS; AND (IV) 12,250,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, MALAYSIA ("MITI"); AND (B) AN OFFER FOR SALE OF 50,000,000 EXISTING ORDINARY SHARES IN CNERGENZ ("OFFER SHARE(S)") BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MITI; AT AN ISSUE PRICE/OFFER PRICE OF RM0.58 PER ISSUE SHARE/OFFER SHARE, PAYABLE IN FULL UPON APPLICATION |
Please refer attachment below.
Announcement Info
| Company Name | CNERGENZ BERHAD |
| Stock Name | CNERGEN |
| Date Announced | 29 Apr 2022 |
| Category | Document Submission |
| Reference Number | DCS-28042022-00230 |