| No. of Shares to be issued under the Public Issue | 220,000,000 |
| No. of Shares to be offered under the Offer for Sale | 30,707,700 |
| Enlarged no. of Shares upon Listing | 1,023,590,845 |
| Paid-up share capital upon Listing | RM 387,215,243 |
| IPO Price per Share | RM 0.62 |
| Market capitalisation upon Listing (based on the IPO Price and enlarged no. of issued Shares upon Listing) |
RM 634,626,324 |
Our IPO consists of the Public Issue and the Offer for Sale, totalling up to 250,707,700 IPO Shares, representing approximately 24.5% of our enlarged issued share capital.
A total of 220,000,000 Issue Shares, representing approximately 21.5% of our enlarged share capital are offered at our IPO Price. The Issue Shares shall be allocated in the following manner:
51,209,800 Issue Shares, representing approximately 5.0% of our enlarged share capital, are reserved for application by the Malaysian Public, to be allocated via balloting process as follows:
(i) 25,604,900 Issue Shares, representing approximately 2.5% of our enlarged share capital, made available to public investors; and
(ii) 25,604,900 Issue Shares, representing approximately 2.5% of our enlarged share capital, made available to Bumiputera public investors.
168,790,200 Issue Shares, representing approximately 16.5% of our enlarged share capital, are reserved for private placement to selected investors.
A total of 30,707,700 Offer Shares, representing 3.0% of our enlarged share capital, are offered by our Selling Shareholder to selected investors by way of private placement at our IPO Price.
Upon completion of our IPO, our Company's entire enlarged share capital of RM387.2 million comprising 1,023,590,845 Shares shall be listed on the Main Market.
* Please read this section in conjunction with Section 2.1 on page 6, Section 4.3 from page 19 to page 23, and Section 4.4 on page 24 of MKH Oil Palm (East Kalimantan) Berhad's Prospectus dated 29 March 2024.