NEWS CENTRE
Bursa Announcements
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INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF WELLSPIRE HOLDINGS BERHAD ("WELLSPIRE" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 124,600,000 NEW ORDINARY SHARES IN WELLSPIRE ("PUBLIC ISSUE SHARES") IN THE FOLLOWING MANNER: - 36,000,000 PUBLIC ISSUE SHARES FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 10,000,000 PUBLIC ISSUE SHARES FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; AND - 78,600,000 PUBLIC ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; (II) OFFER FOR SALE OF 124,600,000 EXISTING ORDINARY SHARES IN WELLSPIRE ("OFFER SHARES") BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AT AN ISSUE/ OFFER PRICE OF RM0.23 PER PUBLIC ISSUE SHARE/ OFFER SHARE PAYABLE IN FULL UPON APPLICATION
