| Subject | INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:-
(I) PUBLIC ISSUE OF 12,200,000 NEW ORDINARY SHARES OF RM0.50 EACH ( SHARES ) IN THE FOLLOWING MANNER:-
" 6,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
" 900,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP;
" 5,300,000 NEW SHARES BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND
(II) OFFER FOR SALE OF UP TO 5,160,000 EXISTING SHARES IN THE FOLLOWING MANNER:-
" 412,000 EXISTING SHARES BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY;
" UP TO 4,748,000 EXISTING SHARES BY WAY OF PLACEMENT TO IDENTIFIED INVESTORS
AT AN ISSUE/OFFER PRICE OF RM0.60 PER SHARE, PAYABLE IN FULL UPON APPLICATION |