INFOTEC

0.785

-0.01 (-1.3%)

IPO Prospectus

INFOLINE TEC GROUP BERHAD

Subject INITIAL PUBLIC OFFERING ("IPO") OF 96,250,000 ORDINARY SHARES IN INFOLINE TEC GROUP BERHAD ("INFOLINE TEC") ("SHARES") AT AN IPO PRICE OF RM0.32 PER SHARE, PAYABLE IN FULL UPON APPLICATION COMPRISING: (I) PUBLIC ISSUE OF 74,000,000 NEW SHARES IN THE FOLLOWING MANNER: (A) 18,162,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 8,269,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF INFOLINE TEC AND ITS SUBSIDIARIES; (C) 2,165,300 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (D) 45,403,700 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, MALAYSIA; AND (II) OFFER FOR SALE OF 22,250,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS. SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AS SET OUT IN THIS PROSPECTUS, IN CONJUNCTION WITH THE LISTING OF INFOLINE TEC ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")


Please refer attachment below.



Announcement Info

Company Name INFOLINE TEC GROUP BERHAD
Stock Name INFOTEC
Date Announced 20 Jun 2022
Category Document Submission
Reference Number DCS-19062022-00002