No. of Shares to be issued under the Public Issues 55,712,000
No. of Shares to be offered under the Offer for Sale 16,713,600
Enlarged no. of Shares upon Listing 222,848,000
IPO Price per Share RM0.37
Market capitalisation (calculated based on our IPO Price and enlarged number of Shares upon Listing) RM82,453,760

Public Issue

A total of 55,712,000 Issue Shares representing approximately 25.0% of our enlarged share capital are offered at our IPO Price. The Issue Shares shall be allocated in the following manner:

  1. Malaysian Public

    11,142,400 Shares, representing 5.0% of our enlarged share capital, will be made available for application by the Malaysian Public, to be allocated via balloting process as follows:

    1. 5,571,200 Shares made available to public investors; and
    2. 5,571,200 Shares made available to Bumiputera public investors.
  2. Eligible Directors and employees who have contributed to the success of our Group

    11,142,400 Shares, representing 5.0% of our enlarged share capital, will be reserved for our eligible Directors and employees who have contributed to the success of our Group under the Pink Form Allocations.

  3. Private placement to selected investors

    33,427,200 Shares, representing 15.0% of our enlarged share capital, have been reserved for private placement to selected investors.

Offer for Sale

Our Selling Shareholders will undertake an Offer for sale of 16,713,600 Offer Shares at our IPO Price by way of private placement to selected investors.

* Please read this section in conjunction with Section 4.4 in page 21 to page 25 of Revenue Group Berhad’s Prospectus dated 11 June 2018.