WELLCHIP News

WELL CHIP GROUP: INITIAL PUBLIC OFFERING ("IPO") OF 150,000,000 NEW ORDINARY SHARES IN WELL CHIP GROUP BERHAD ("WELL CHIP" OR "COMPANY") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF WELL CHIP ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) 30,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 45,000,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL SELECTED INVESTORS; AND (III) 75,000,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY AT AN IPO PRICE OF RM1.15 PER SHARE PAYABLE IN FULL UPON APPLICATION

Jun 26, 2024 09:45