IPO Prospectus

TASHIN HOLDINGS BERHAD

Subject INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (BURSA SECURITIES) COMPRISING: (I) PUBLIC ISSUE OF 59,329,000 NEW ORDINARY SHARES IN OUR COMPANY (SHARES) IN THE FOLLOWING MANNER: 17,449,600 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; 8,724,800 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES AS WELL AS DIRECTORS AND EMPLOYEES OF PRESTAR RESOURCES BERHAD (PRESTAR) AND ITS SUBSIDIARIES; 17,449,600 NEW SHARES AVAILABLE FOR APPLICATION BY THE ENTITLED SHAREHOLDERS OF PRESTAR; AND 15,705,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY (MITI) (II) OFFER FOR SALE OF 55,489,000 EXISTING SHARES IN THE FOLLOWING MANNER: 19,194,100 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED BUMIPUTERA INVESTORS APPROVED BY THE MITI; AND 36,294,900 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE/OFFER PRICE OF RM0.58 PER SHARE, PAYABLE IN FULL UPON APPLICATION.


Please refer attachment below.



Announcement Info

Company Name TASHIN HOLDINGS BERHAD
Stock Name TASHIN
Date Announced 25 Jun 2019
Category Document Submission
Reference Number DCS-20062019-00004