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 |