Subject | INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF AGX GROUP BERHAD ("AGB" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 96,500,000 NEW ORDINARY SHARES IN AGB ("SHARE(S)") ("ISSUE SHARE(S)") IN THE FOLLOWING MANNER: 21,650,000 ISSUE SHARES FOR APPLICATION BY THE MALAYSIAN PUBLIC; 6,320,000 ISSUE SHARES FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF OUR GROUP; AND 68,530,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (II) OFFER FOR SALE OF 30,000,000 EXISTING ORDINARY SHARES IN AGB ("OFFER SHARE(S)") BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, AT AN ISSUE/ OFFER PRICE OF RM0.35 PER ISSUE SHARE/ OFFER SHARE PAYABLE IN FULL UPON APPLICATION |
Please refer attachment below.
Company Name | AGX GROUP BERHAD |
Stock Name | AGX |
Date Announced | 16 Jan 2024 |
Category | Document Submission |
Reference Number | DCS-15012024-00045 |
Attachments