News
Initial Public Offering ("IPO")
BackMay 02, 2024
| Subject | INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUE SHARE CAPITAL OF SMART ASIA CHEMICAL BHD (SMART ASIA OR COMPANY) ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (BURSA SECURITIES) COMPRISING PUBLIC ISSUE OF 93,500,000 NEW ORDINARY SHARES IN OUR COMPANY (SHARES) IN THE FOLLOWING MANNER: (I) 18,492,600 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 12,100,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES AS WELL AS PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF SMART ASIA AND ITS SUBSIDIARIES; (III) 46,231,400 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY OF MALAYSIA; AND (IV) 16,676,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE PRICE OF RM0.40 PER SHARE, PAYABLE IN FULL UPON APPLICATION. |
Please refer attachment below.
Announcement Info
| Company Name | SMART ASIA CHEMICAL BHD |
| Stock Name | SMART |
| Date Announced | 02 May 2024 |
| Category | Document Submission |
| Reference Number | DCS-30042024-00353 |
Attachments
- Smart_Asia_Chemical_Bhd_-_Part_1.pdf (Size: 2,468,785 bytes)
- Smart_Asia_Chemical_Bhd_-_Part_2.pdf (Size: 1,607,135 bytes)
- Detailed_Procedures_for_E-IPO_Share_Application_and_Acceptance.pdf (Size: 554,492 bytes)