IPO Prospectus
| CHEMLITE INNOVATION BERHAD |
| Subject | INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED ORDINARY SHARE CAPITAL OF CHEMLITE INNOVATION BERHAD ("CHEMLITE INNOVATION") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("ACE MARKET") COMPRISING:- (A) A PUBLIC ISSUE OF 120,000,000 NEW ORDINARY SHARES IN CHEMLITE INNOVATION ("ISSUE SHARE(S)") IN THE FOLLOWING MANNER:- (I) 30,000,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 21,000,000 ISSUE SHARES RESERVED FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES AS WELL AS PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; (III) 54,000,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INSTITUTIONAL AND/OR SELECTED INVESTORS; AND (IV) 15,000,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE, AND INDUSTRY OF MALAYSIA ("MITI"), AND (B) AN OFFER FOR SALE OF 60,000,000 EXISTING ORDINARY SHARES IN CHEMLITE INNOVATION ("OFFER SHARE(S)") BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MITI; AT AN ISSUE PRICE/OFFER PRICE OF RM0.25 PER ISSUE SHARE/OFFER SHARE, PAYABLE IN FULL UPON APPLICATION. |
Please refer attachment below.
Announcement Info
| Company Name | CHEMLITE INNOVATION BERHAD |
| Stock Name | CLITE |
| Date Announced | 05 Mar 2025 |
| Category | Document Submission |
| Reference Number | DCS-03032025-00026 |