IPO Prospectus
| LIM SEONG HAI CAPITAL BERHAD |
| Subject | PUBLIC OFFERING OF UP TO 191,000,000 ORDINARY SHARES IN LIM SEONG HAI CAPITAL BERHAD ("LSH CAPITAL") ("SHARES") IN CONJUNCTION WITH THE TRANSFER OF LISTING AND QUOTATION OF THE ENTIRE ENLARGED ISSUED SHARES OF LSH CAPITAL FROM THE LEAP MARKET TO THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 132,000,000 NEW SHARES IN THE FOLLOWING MANNER: (A) 16,767,200 SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC VIA BALLOTING; (B) 12,575,400 SHARES MADE AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF LSH CAPITAL AND ITS SUBSIDIARIES ("GROUP") AS WELL AS OTHER PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP; AND (C) 102,657,400 SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY OF MALAYSIA ("MITI"); AND (II) OFFER FOR SALE OF UP TO 59,000,000 EXISTING SHARES IN THE FOLLOWING MANNER: (A) 2,137,600 SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MITI; AND (B) 56,862,400 SHARES BY WAY OF PRIVATE PLACEMENT TO OTHER INSTITUTIONAL AND SELECTED INVESTORS, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AS SET OUT IN THIS PROSPECTUS, AT AN ISSUE/OFFER PRICE OF RM0.88 PER SHARE, PAYABLE IN FULL UPON APPLICATION |
Please refer attachment below.
Announcement Info
| Company Name | LIM SEONG HAI CAPITAL BERHAD |
| Stock Name | LSH |
| Date Announced | 28 Feb 2025 |
| Category | Document Submission |
| Reference Number | DCS-28022025-00001 |