Subject | INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF L&P GLOBAL BERHAD (FORMERLY KNOWN AS BERJAYAPAK INTERNATIONAL HOLDINGS SDN BHD) ("L&P GLOBAL" OR THE "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 113,000,000 NEW ORDINARY SHARES IN L&P GLOBAL ("SHARES") IN THE FOLLOWING MANNER: (A) 24,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 13,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; (C) 6,000,000 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (D) 70,000,000 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("MITI"); AND (II) OFFER FOR SALE OF 33,800,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AT AN IPO PRICE OF RM0.30 PER SHARE, PAYABLE IN FULL UPON APPLICATION. |
Please refer attachment below.
Company Name | L&P GLOBAL BERHAD |
Stock Name | L&PBHD |
Date Announced | 13 Dec 2022 |
Category | Document Submission |
Reference Number | DCS-12122022-00021 |
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