11 October 2013
INITIAL PUBLIC OFFERING OF 67,500,000 ORDINARY SHARES OF RM0.25 EACH IN KAREX BERHAD (“KAREX”) (“SHARES”) COMPRISING A PUBLIC ISSUE OF 40,500,000 NEW SHARES (“ISSUE SHARES”) AND AN OFFER FOR SALE OF 27,000,000 EXISTING SHARES (“OFFER SHARES”) AT RM1.85 PER SHARE INVOLVING: I. THE INSTITUTIONAL OFFERING OF 47,250,000 SHARES COMPRISING 27,000,000 OFFER SHARES AND 20,250,000 ISSUE SHARES TO INSTITUTIONAL AND SELECTED INVESTORS IN MALAYSIA, SINGAPORE AND HONG KONG; AND II. THE RETAIL OFFERING OF 20,250,000 SHARES COMPRISING: - 13,500,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; AND – 6,750,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY ELIGIBLE DIRECTORS, EMPLOYEES, BUSINESS ASSOCIATES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF KAREX AND ITS SUBSIDIARIES, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS (Cover to Page 167)