Bursa Announcements

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Wednesday - 22 Jan 2025
OTHERS
NORTHERN SOLAR HOLDINGS BERHAD (“NORTHERN SOLAR HOLDINGS” OR “COMPANY”) LISTING OF NORTHERN SOLAR HOLDINGS ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“LISTING”)
Wednesday - 18 Dec 2024
INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) A PUBLIC ISSUE OF 67,252,000 NEW ORDINARY SHARES IN OUR COMPANY (“SHARES”) IN THE FOLLOWING MANNER: - 19,780,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 7,912,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; AND - 39,560,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY; AND (II) OFFER FOR SALE OF 35,604,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT IN THE FOLLOWING MANNER: - 9,890,000 EXISTING SHARES TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY; AND - 25,714,000 EXISTING SHARES TO SELECTED INVESTORS, AT AN ISSUE/OFFER PRICE OF RM0.63 PER SHARE, PAYABLE IN FULL UPON APPLICATION.
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