Document Submission

24/09/2019

IPO Prospectus

AME ELITE CONSORTIUM BERHAD

Subject INITIAL PUBLIC OFFERING ("IPO") OF UP TO 128,134,800 ORDINARY SHARES ("SHARES") IN AME ELITE CONSORTIUM BERHAD ("AME") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED SHARE CAPITAL OF AME ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING A PUBLIC ISSUE OF 85,423,000 NEW SHARES ("ISSUE SHARES") AND AN OFFER FOR SALE OF UP TO 42,711,800 EXISTING SHARES ("OFFER SHARES") INVOLVING: (A) RETAIL OFFERING OF 17,084,800 ISSUE SHARES TO BE OFFERED IN THE FOLLOWING MANNER: (I) 8,542,400 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC VIA BALLOTING; AND (II) 8,542,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF AME AND ITS SUBSIDIARIES ("AME GROUP"); AT THE RETAIL PRICE OF RM1.30 PER ISSUE SHARE ("RETAIL PRICE"), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO A REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND FINAL RETAIL PRICE (AS DEFINED IN THE PROSPECTUS), IF THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE; AND (B) INSTITUTIONAL OFFERING OF UP TO 111,050,000 IPO SHARES TO BE OFFERED IN THE FOLLOWING MANNER: (I) 49,118,300 ISSUE SHARES TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("MITI"); AND (II) 19,219,000 ISSUE SHARES AND UP TO 42,711,800 OFFER SHARES TO MALAYSIAN INSTITUTIONAL AND SELECTED INVESTORS (OTHER THAN BUMIPUTERA INVESTORS APPROVED BY THE MITI); AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"), SUBJECT TO THE CLAWBACK AND THE REALLOCATION PROVISIONS (AS DEFINED IN THE PROSPECTUS). THE FINAL RETAIL PRICE WILL BE EQUAL TO THE LOWER OF THE RETAIL PRICE OR THE INSTITUTIONAL PRICE


Please refer attachment below.


Announcement Info

Company Name AME ELITE CONSORTIUM BERHAD
Stock Name AME
Date Announced 24 Sep 2019
Category Document Submission
Reference Number DCS-23092019-00029


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