HAWK

0.210

-0.005 (-2.3%)

IPO Prospectus

STEEL HAWK BERHAD

Subject INITIAL PUBLIC OFFERING ("IPO") OF 134,700,000 ORDINARY SHARES IN STEEL HAWK BERHAD ("STEEL HAWK" OR "COMPANY") ("SHARES") IN CONJUNCTION WITH THE TRANSFER OF LISTING OF STEEL HAWK FROM THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") TO THE ACE MARKET OF BURSA SECURITIES COMPRISING: (I) PUBLIC ISSUE OF 90,000,000 NEW SHARES ("ISSUE SHARES") IN THE FOLLOWING MANNER: (A) 24,500,000 NEW ISSUE SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 12,250,000 NEW ISSUE SHARES AVAILABLE FOR OUR ELIGIBLE DIRECTORS, ELIGIBLE EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF STEEL HAWK AND ITS SUBSIDIARIES; AND (C) 53,250,000 NEW ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (II) OFFER FOR SALE OF 44,700,000 EXISTING SHARES ("OFFER SHARES") MADE AVAILABLE FOR PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN IPO PRICE OF RM0.15 PER SHARE, PAYABLE IN FULL UPON APPLICATION.


Please refer attachment below.



Announcement Info

Company Name STEEL HAWK BERHAD
Stock Name SKHAWK
Date Announced 16 Aug 2024
Category Document Submission
Reference Number DCS-16082024-00002