Document Submission

25/04/2019

IPO Prospectus

LEONG HUP INTERNATIONAL BERHAD

Subject INITIAL PUBLIC OFFERING ("IPO") OF UP TO 937,500,000 ORDINARY SHARES IN LEONG HUP INTERNATIONAL BERHAD ("LHI") ("LHI SHARES") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE 3,650,000,000 LHI SHARES ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING AN OFFER FOR SALE OF UP TO 687,500,000 EXISTING LHI SHARES ("OFFER SHARES") AND A PUBLIC ISSUE OF 250,000,000 NEW SHARES ("ISSUE SHARES") INVOLVING: I. INSTITUTIONAL OFFERING OF UP TO 839,500,000 IPO SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS, INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"); AND II. RETAIL OFFERING OF 98,000,000 ISSUE SHARES TO THE DIRECTORS OF LHI, ELIGIBLE EMPLOYEES OF LHI AND ITS SUBSIDIARIES ("LHI GROUP"), PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE LHI GROUP AND THE MALAYSIAN PUBLIC, AT THE RETAIL PRICE OF RM1.10 PER IPO SHARE ("RETAIL PRICE"), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL RETAIL PRICE (AS DEFINED HEREIN THIS PROSPECTUS) IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AND THE OVER-ALLOTMENT OPTION (AS DEFINED HEREIN THIS PROSPECTUS). THE FINAL RETAIL PRICE WILL BE EQUAL TO THE LOWER OF: (I) THE RETAIL PRICE OF RM1.10 PER IPO SHARE; OR (II) THE INSTITUTIONAL PRICE


Please refer attachment below.



Announcement Info

Company Name LEONG HUP INTERNATIONAL BERHAD
Stock Name LHI
Date Announced 25 Apr 2019
Category Document Submission
Reference Number DCS-24042019-00107