Bursa Announcements

Date : 11 June 2014

Initial Public Offering (IPO)

ECONPILE HOLDINGS BERHAD

Subject

PUBLIC ISSUE OF 90,000,000 NEW ORDINARY SHARES OF RM0.20 EACH IN ECONPILE HOLDINGS BERHAD ("SHARES") AT AN ISSUE PRICE OF RM0.54 PER SHARE ALLOCATED IN THE FOLLOWING MANNER:-

I. 27,000,000 SHARES FOR APPLICATION BY THE MALAYSIAN PUBLIC;

II. 3,500,000 SHARES FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF ECONPILE HOLDINGS BERHAD AND ITS SUBSIDIARY COMPANIES ("GROUP") AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP;

III. 47,500,000 SHARES FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS; AND

IV. 12,000,000 SHARES FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY

OFFER FOR SALE OF 55,000,000 SHARES AT AN OFFER PRICE OF RM0.54 PER SHARE FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY

IN CONJUNCTION WITH THE LISTING OF ECONPILE HOLDINGS BERHAD ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD


Announcement Info

Company NameECONPILE HOLDINGS BERHAD  
Stock Name ECONBHD    
Date Announced11 Jun 2014  
CategoryDocument Receipt
Reference NoGR-140611-31599

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