IPO Prospectus
EDELTEQ HOLDINGS BERHAD |
Subject | INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED SHARE CAPITAL OF EDELTEQ HOLDINGS BERHAD ("EDELTEQ" OR THE "COMPANY") ("SHARES") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 100,000,000 NEW SHARES ("ISSUE SHARES") IN THE FOLLOWING MANNER: (A) 26,630,000 NEW ISSUE SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 63,370,000 NEW ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; (C) 10,000,000 NEW ISSUE SHARES AVAILABLE FOR OUR ELIGIBLE EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF EDELTEQ AND ITS SUBSIDIARIES; AND (II) OFFER FOR SALE OF 43,200,000 EXISTING SHARES ("OFFER SHARES") MADE AVAILABLE FOR PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN IPO PRICE OF RM0.24 PER SHARE, PAYABLE IN FULL UPON APPLICATION. |
Please refer attachment below.
Announcement Info
Company Name | EDELTEQ HOLDINGS BERHAD |
Stock Name | EDELTEQ |
Date Announced | 09 May 2023 |
Category | Document Submission |
Reference Number | DCS-09052023-00001 |