No. of Shares to be issued under the Public Issue 312,500,000
No. of Shares to be offered under the Offer for Sale 125,000,000
Enlarged no. of Shares upon Listing 1,562,500,000
Paid-up share capital upon Listing RM 294,500,002
IPO Price per Share RM 0.32
Market capitalisation (calculated based on our IPO Price and enlarged number of Shares upon Listing) RM 500,000,000

(a) Public Issue

A total of 312,500,000 Issue Shares representing 20.0% of our enlarged share capital are offered at our IPO Price. The Issue Shares shall be allocated in the following manner:

  1. Malaysian Public

    78,125,000 Shares, representing 5.0% of our enlarged share capital, are reserved for application by the Malaysian Public, to be allocated via balloting process as follows:

    1. 39,062,500 Shares made available to public investors; and
    2. 39,062,500 Shares made available to Bumiputera public investors.
  2. Eligible Directors, employees and persons who have contributed to the success of our Group

    63,500,000 Shares, representing 4.1% of our enlarged share capital, are reserved for our eligible Directors, employees and persons who have contributed to the success of our Group under the Pink Form Allocations.

  3. Private placement to Bumiputera investors approved by MITI and selected investors

    170,875,000 Shares, representing 10.9% of our enlarged share capital will be reserved for private placement in the following manner:

    1. 117,187,500 Issue Shares made available for selected Bumiputera investors approved by MITI; and
    2. 53,687,500 Issue Shares made available for selected investors.

(b) Offer for Sale

Our Selling Shareholders will undertake an offer for sale of 125,000,000 Offer Shares, representing 8.0% of our enlarged share capital at our IPO Price. The Offer Shares shall be undertaken by way of private placement in the following manner:

  1. 78,125,000 Offer Shares made available for selected Bumiputera investors approved by MITI; and
  2. 46,875,000 Offer Shares made available for selected investors.

(c) Listing

Upon completion of our IPO, our Company’s entire enlarged share capital of RM294,500,002 comprising 1,562,500,000 Shares shall be listed on the ACE Market.

* Please read this section in conjunction with Section 2.1 on page 5 and Section 4.3 from page 18 to page 23 of Unitrade Industries Berhad’s Prospectus dated 28 April 2022.