IPO:HALEX holdings bhd:Agrobased company IPO RM0.78 Closing 2nd Sept Listing 16 Sept underwriter OSK

Initial Public Offering (IPO)
Reference No GR-090819-31607
Company Name:HALEX HOLDINGS BERHAD
Stock Name :N/A
Date Announced:19/08/2009


Subject:INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:-

(I) PUBLIC ISSUE OF 10,000,000 NEW ORDINARY SHARES OF RM0.50 EACH ("SHARES") ALLOCATED IN THE FOLLOWING MANNER:-

• 2,000,000 SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE EMPLOYEES WHO HAVE CONTRIBUTED TO OUR SUCCESS AND DEVELOPMENT;

• 2,000,000 SHARES MADE AVAILABLE FOR APPLICATION BY WAY OF PLACEMENT TO IDENTIFIED INVESTORS; AND

• 6,000,000 SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC

(II) OFFER FOR SALE OF UP TO 10,000,000 EXISTING SHARES MADE AVAILABLE FOR APPLICATION BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT AN ISSUE/OFFER PRICE OF RM0.78 PER SHARE, PAYABLE IN FULL UPON APPLICATION.