| Subject |
INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF YES GROUP MANAGEMENT BERHAD ("YES" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING:
(A) PUBLIC ISSUE OF 91,867,000 NEW ORDINARY SHARES IN YES ("SHARES") IN THE FOLLOWING MANNER:
(I) 26,500,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
(II) 5,300,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE PERSONS; AND
(III) 60,067,000 NEW SHARES AVAILABLE BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY ("MITI")
AND
(B) OFFER FOR SALE OF 45,933,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT IN THE FOLLOWING MANNER:
(I) 6,183,000 SHARES TO BUMIPUTERA INVESTORS APPROVED BY THE MITI; AND
(II) 39,750,000 SHARES TO SELECTED INVESTORS,
AT AN ISSUE/OFFER PRICE OF RM0.18 PER SHARE, PAYABLE IN FULL UPON APPLICATION |