IPO Prospectus
| SENG FONG HOLDINGS BERHAD |
| Subject | INITIAL PUBLIC OFFERING ("IPO") OF 160,874,300 ORDINARY SHARES IN SENG FONG HOLDINGS BERHAD ("SENG FONG" OR "COMPANY") ("SHARES") COMPRISING PUBLIC ISSUE OF 90,814,700 NEW SHARES AND OFFER FOR SALE OF 70,059,600 EXISTING SHARES (COLLECTIVELY, "IPO SHARES") AT AN ISSUE / OFFER PRICE OF RM0.75 PER IPO SHARE PAYABLE IN FULL ON APPLICATION IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED SHARES OF SENG FONG ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") IN THE FOLLOWING MANNER: (A) RETAIL OFFERING OF 42,198,000 IPO SHARES TO BE ALLOCATED IN THE FOLLOWING MANNER: (I) 25,948,000 IPO SHARES TO THE MALAYSIAN PUBLIC; AND (II) 16,250,000 IPO SHARES TO THE ELIGIBLE DIRECTORS AND EMPLOYEES OF SENG FONG AND ITS SUBSIDIARIES ("GROUP") AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP; (B) INSTITUTIONAL OFFERING OF 118,676,300 IPO SHARES TO BE ALLOCATED IN THE FOLLOWING MANNER: (I) 64,870,000 IPO SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND (II) 53,806,300 IPO SHARES BY WAY OF PRIVATE PLACEMENT TO OTHER INSTITUTIONAL AND SELECTED INVESTORS. |
Please refer attachment below.
Announcement Info
| Company Name | SENG FONG HOLDINGS BERHAD |
| Stock Name | SENFONG |
| Date Announced | 14 Jun 2022 |
| Category | Document Submission |
| Reference Number | DCS-13062022-00009 |