REACHTEN

0.405

-0.005 (-1.2%)

IPO Prospectus

REACH TEN HOLDINGS BERHAD

Subject INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF REACH TEN HOLDINGS BERHAD ("REACH TEN" OR "COMPANY") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 200,000,000 NEW ORDINARY SHARES IN THE COMPANY (“SHARES”) IN THE FOLLOWING MANNER: - 50,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 25,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF REACH TEN AND ITS SUBSIDIARIES ("GROUP"); AND - 125,000,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY; AND (II) OFFER FOR SALE OF 100,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, AT AN ISSUE/OFFER PRICE OF RM0.52 PER SHARE, PAYABLE IN FULL UPON APPLICATION


Please refer attachment below.



Announcement Info

Company Name REACH TEN HOLDINGS BERHAD
Stock Name REACHTEN
Date Announced 09 Apr 2025
Category Document Submission
Reference Number DCS-02042025-00019