Prospectus

24 October 2023
INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF PLYTEC HOLDING BERHAD ("PLYTEC" OR THE "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (A) PUBLIC ISSUE OF 106,060,600 NEW ORDINARY SHARES IN PLYTEC ("ISSUE SHARES") IN THE FOLLOWING MANNER: (I) 30,303,100 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; AND (II) 75,757,500 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY; (B) OFFER FOR SALE OF 51,515,100 EXISTING ORDINARY SHARES IN PLYTEC ("OFFER SHARES") IN THE FOLLOWING MANNER: (I) 21,212,100 OFFER SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF PLYTEC AND OUR SUBSIDIARIES; AND (II) 30,303,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, AT AN ISSUE/OFFER PRICE OF RM0.35 PER ISSUE SHARE/OFFER SHARE, PAYABLE IN FULL ON APPLICATION