Bursa Announcements

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2025

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Friday - 7 Mar 2025
INITIAL PUBLIC OFFERING (“IPO”) OF 130,000,000 ORDINARY SHARES IN HI MOBILITY BERHAD (“HI MOBILITY” OR “COMPANY”) (“IPO SHARES”) IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED ORDINARY SHARES IN HI MOBILITY (“HI MOBILITY SHARES” OR “SHARES”) ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 95,000,000 NEW SHARES; AND (II) OFFER FOR SALE OF 35,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND SELECTED INVESTORS, AT AN IPO PRICE OF RM1.22 PER SHARE PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AS SET OUT IN THE PROSPECTUS
Timetable for IPO