IPO Prospectus

BISON CONSOLIDATED BERHAD

Subject INITIAL PUBLIC OFFERING OF 80,620,000 ORDINARY SHARES OF RM0.20 EACH IN BISON CONSOLIDATED BERHAD ("BISON") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE 310,070,000 ORDINARY SHARES OF RM0.20 EACH IN BISON, COMPRISING THE PUBLIC ISSUE WHICH ENCOMPASSES: (I) INSTITUTIONAL OFFERING OF 62,316,500 IPO SHARES COMPRISING: - 31,306,500 IPO SHARES TO MALAYSIAN INSTITUTIONAL AND SELECTED INVESTORS AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"); AND - 31,010,000 IPO SHARES TO BUMIPUTERA INSTITUTIONAL AND SELECTED INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE; (II) RETAIL OFFERING OF 18,303,500 IPO SHARES COMPRISING: - 15,503,500 IPO SHARES TO THE MALAYSIAN PUBLIC; AND - 2,800,000 IPO SHARES MADE AVAILABLE TO THE ELIGIBLE PERSONS (AS DEFINED IN THE PROSPECTUS); 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 FINAL RETAIL PRICE (AS DEFINED IN THE PROSPECTUS) AND THE RETAIL PRICE IF THE FINAL PRICE IS LESS THAN THE RETAIL PRICE. THE FINAL RETAIL PRICE WILL BE EQUAL TO THE INSTITUTIONAL PRICE PROVIDED THAT IT WILL NOT EXCEED THE RETAIL PRICE. THE INSTITUTIONAL OFFERING AND THE RETAIL OFFERING ARE SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AS DESCRIBED IN THE PROSPECTUS.


Please refer attachment below.



Announcement Info

Company Name BISON CONSOLIDATED BERHAD
Stock Name BISON
Date Announced 04 Mar 2016
Category Document Submission
Reference Number DCS-03032016-00024