Key Information on IPO
PRINCIPAL DETAILS OF OUR IPO
Our IPO consists of the Institutional Offering and the Retail Offering, totalling up to 1,100,000,000 IPO Shares, representing up to 50.00% of our enlarged issued share capital.
To view our prospectus, please refer to this link on Bursa Malaysia.
USE OF PROCEEDS
We expect to use the gross proceeds from our Public Issue amounting to RM220.0 million(1) in the
following manner:
| Details of use of proceeds | Estimated timeframe for use from the date of our Listing | RM’000 | % |
| Repayment of our bank borrowings | Within three months | 155,181 | 70.5 |
| Defray fees and expenses for our IPO and Listing(2) | Within six months | 6,098 | 2.8 |
| Acquisitions to be identified(3) | Within 36 months | 58,700 | 26.7 |
| Total | 220,000 | 100 |
Notes:
- We have assumed that the Institutional Price and the Final Retail Price will be equal to the Retail Price.
- Comprises placement fee in respect of the Institutional Offering and brokerage fees and underwriting
commission in respect of our Public Issue. The other fees and expenses in respect of our IPO and Listing
will be borne by Inodes. - Acquisition targets are companies with digital solutions that complement ours, both in Malaysia and in
the Asia Pacific region and have significant growth potential.
For detailed information relating to the use of proceeds arising from our Public Issue, see Section 4.6
of this Prospectus.
PARTICULARS OF OUR IPO AND PLAN OF DISTRIBUTION
| Offer for Sale | Public Issue | Total | ||||
| Category | No. of Shares | % of our enlarged issued share capital | No. of Shares | % of our enlarged issued share capital | No. of Shares | % of our enlarged issued share capital |
| ’000 | ’000 | ’000 | ||||
| Retail Offering: | ||||||
| Eligible Persons: | ||||||
| – Our Directors | – | – | 3,200 | 0.15 | 3,200 | 0.15 |
| – Eligible employees of Our Group (including directors of our subsidiaries) | – | – | 26,800 | 1.22 | 26,800 | 1.22 |
| – Persons who have contributed to the success of our Group | – | – | 90,000 | 4.09 | 90,000 | 4.09 |
| Malaysian Public (via balloting): | ||||||
| – Bumiputera | 22,000 | 1.00 | 22,000 | 1.00 | ||
| – Non-Bumiputera | 22,000 | 1.00 | 22,000 | 1.00 | ||
| Sub-total | 164,000 | 7.45 | 164,000 | 7.45 | ||
| Institutional Offering: | ||||||
| Malaysian and foreign institutional and selected investors | 900,000 | 40.91 | 36,000 | 1.64 | 936,000 | 42.55 |
| Total | 900,000 | 40.91 | 200,000 | 9.09 | 1,100,000 | 50 |