News
11 June 2018
News
Bursa announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF REVENUE GROUP BERHAD (“RGB”) ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 55,712,000 NEW ORDINARY SHARES IN RGB (“SHARES”) IN THE FOLLOWING MANNER: – 11,142,400 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; -11,142,400 NEW SHARES AVAILABLE FOR APPLICATION BY ELIGIBLE DIRECTORS AND EMPLOYEES WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP; AND – 33,427,200 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AND (II) OFFER FOR SALE OF 16,713,600 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE/OFFER PRICE OF RM0.37 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

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