Info IPO terhad kepada pelabur tertutup - VETECE Holdings Berhad (“VETECE”)

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PROSPECTUS EXPOSURE

Company Name :
VETECE Holdings Berhad (“VETECE”)

Proposal Type and Board :
Initial Public Offering (“IPO”) on the ACE Market

Principal Adviser(s) :
Kenanga Investment Bank Berhad

Principal Activity :
VETECE is an investment holding company and, through its subsidiaries, the Group is primarily involved as an enterprise information technology solutions provider. The Group provides implementation services, maintenance, support and professional services, as well as the resale of hardware and software.

Shares to be issued/offered:
IPO in conjunction with the listing of VETECE on the ACE Market comprising:

(I) Public issue of 98,000,000 new ordinary shares in VETECE (“Shares”) in the following manner:

- 19,600,000 new Shares made available for application by the Malaysian public;
- 9,800,000 new Shares reserved for application by the eligible directors, key senior management, employees and persons who have contributed to the success of VETECE and its subsidiaries; and
- 68,600,000 new Shares by way of private placement to selected investors; and

(II) Offer for sale of 39,200,000 existing Shares by way of private placement to selected investors.

Date of Exposure :
14 March 2024