Listing Detail:
Listing Sought: ACE Market
Issue Price: RM 0.29
Par Value: RM0.10

Dates:
Offer Period Open: 27-11-14
Offer Period Close: 04-12-14
Tentative listing date: 15-12-14

Number of shares:
Public Issue: 59,247,000
Offer for Sale: -
Private Placement: 980,000,000

Stock Code: KRONO

Official Announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF KRONOLOGI ASIA BERHAD (“KRONOLOGI” OR “COMPANY”) ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING PUBLIC ISSUE OF 59,247,000 NEW ORDINARY SHARES OF RM0.10 EACH (“SHARES”) IN THE FOLLOWING MANNER:-

• 4,739,500 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
• 7,109,500 NEW SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF KRONOLOGI ASIA BERHAD GROUP; AND
• 47,398,000 NEW SHARES BY WAY OF PLACEMENT TO IDENTIFIED INVESTORS;

AT AN ISSUE PRICE OF RM0.29 PER SHARE, PAYABLE IN FULL UPON APPLICATION

Company Overview

Kronologi's portfolio of products and services provide its clients with the ability to achieve data assurance and protection through the systematic backup, storage and recovery of enterprise data to ensure business continuity.

The company also provides value-added solutions and professional services to install, configure and implement EDM infrastructure technology solution that is integrated into our end-user customers’ IT environment to provide backup, storage and recovery services of our end-user customers’ digital data.

Address & Contact:
Unit 705, Block B,
Phileo Damansara 1,
No.9 ,Jln 16/11,
Petaling Jaya, 46350, Selangor