Cosmos Technology International to be listed on ACE Market of Bursa Securities at issue price of RM0.35 per share
A total of 12,825,000 new Shares made available for application by the Malaysian public has been oversubscribed.
A total of 8,328 applications for 756,743,900 new Shares with a value of RM264,860,365 were received from the Malaysian public, which represents an overall oversubscription rate of 58.01 times.
For the Bumiputera portion, a total of 4,350 applications for 286,331,500 new Shares were received, which represents an oversubscription rate of 43.65 times.
For the public portion, a total of 3,978 applications for 470,412,400 new Shares were received, which represents an oversubscription rate of 72.36 times.
Meanwhile, 7,880,000 new Shares made available for application by the eligible Directors, employees and persons who have contributed to the success of the Group have also been fully subscribed.
Further, the Placement Agent has confirmed that a total of 43,420,300 new Shares made available for application by way of private placement to selected investors and selected Bumiputera investors approved by MITI have been fully placed out.
The notices of allotment will be posted to all successful applicants on or before 4 October 2022.
Mercury Securities is the Principal Adviser, Sponsor, Underwriter and Placement Agent for this IPO.
