IPO Prospectus
| WENTEL ENGINEERING HOLDINGS BERHAD |
| Subject | INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF WENTEL ENGINEERING HOLDINGS BERHAD ("WENTEL ENGINEERING" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 273,200,000 NEW ORDINARY SHARES IN WENTEL ENGINEERING ("SHARES") ("ISSUE SHARES") IN THE FOLLOWING MANNER: - 57,500,000 ISSUE SHARES FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 33,000,000 ISSUE SHARES FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF WENTEL ENGINEERING AND OUR SUBSIDIARIES; - 38,950,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND 143,750,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY; (II) OFFER FOR SALE OF 46,000,000 EXISTING SHARES ("OFFER SHARES") BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE/ OFFER PRICE OF RM0.26 PER ISSUE SHARE/ OFFER SHARE PAYABLE IN FULL UPON APPLICATION |
Please refer attachment below.
Announcement Info
| Company Name | WENTEL ENGINEERING HOLDINGS BERHAD |
| Stock Name | WENTEL |
| Date Announced | 15 Jan 2024 |
| Category | Document Submission |
| Reference Number | DCS-12012024-00012 |