IPO Statistics

  RM
Authorised share capital  
1,000,000,000 ordinary shares of RM0.50 each 500,000,000
 
Issued and credited as fully paid-up share capital  
142,218,000 ordinary shares of RM0.50 each 71,109,000
 
To be issued pursuant to the Public Issue:  
37,782,000 ordinary shares of RM0.50 each 18,891,000
 
Enlarged issued and paid-up share capital upon our Listing  
180,000,000 ordinary shares of RM0.50 each 90,000,000
 
IPO Price 0.70
Market capitalisation upon our Listing 126,000,000

Our IPO

Public Issue

Our Public Issue of 37,782,000 new Shares, representing approximately 20.99% of our enlarged issued and paid-up share capital, at an issue price of RM0.70 per Share is subject to the terms and conditions of our Prospectus and will be allotted in the following manner:

  1. Malaysian Public
    9,000,000 Public Issue Shares, representing 5.00% of our enlarged issued and paid-up share capital will be made available for application by the Malaysian Public to be allocated via balloting, of which 50.00% will be set aside for the Bumiputera Public.

  2. Eligible Directors, Employees and Other Persons who have Contributed to the Success of Our Group
    3,000,000 Public Issue Shares, representing 1.67% of our enlarged issued and paid-up share capital will be made available for application by the eligible Directors, employees and other persons who have contributed to the success of our Group.

  3. Bumiputera Investors Approved by MITI
    2,000,000 Public Issue Shares, representing 1.11% of our enlarged issued and paid-up share capital will be made available for application by way of private placement to Bumiputera Investors approved by MITI.

  4. Selected Investors by way of Private Placement
    23,782,000 Public Issue Shares, representing approximately 13.21% of our enlarged issued and paid-up share capital will be made available for application by way of private placement to selected investors.

Offer for Sale

The Offer for Sale of 16,218,000 Shares, representing approximately 9.01% of our enlarged issued and paid-up share capital, at an offer price of RM0.70 per Share are payable in full upon application, is subject to the terms and conditions of our Prospectus and will be made available by way of placement to Bumiputera Investors approved by MITI.

 

* Please read this section in conjunction with Section 3.3 from page 16 to page 19 and Section 3.5 in page 22 of Xin Hwa Holdings Berhad's Prospectus dated 11 June 2015.