Listing Detail:
Listing Sought: Main Market
Issue Price: RM1.42
Par Value: RM 0.50

Dates:
Offer Period Open: 29 Mar 16
Offer Period Close: 5 Apr 16
Tentative listing date: 19 Apr 16

Number of shares:
Public Issue: 47,796,000
Offer for Sale: 43,330,000
Private Placement: 53,526,000

Stock Code: PECCA

Official Announcement

INITIAL PUBLIC OFFERING OF 91,126,000 ORDINARY SHARES OF RM0.50 EACH IN PECCA GROUP BERHAD ("SHARES") IN THE FOLLOWING MANNER:- (A) PUBLIC ISSUE OF 47,796,000 NEW SHARES; AND (B) OFFER FOR SALE OF 43,330,000 SHARES

Company Overview

Pecca Group Berhad, an investment holding company, engages in the manufacture, styling, distribution, and installation of leather upholstery for car seat covers in Malaysia. It is also involved in the supply of leather cut pieces to the automotive leather upholstery industry; styling, manufacturing, distribution, and installation of car door trim covers and covers for car accessories, such as steering wheels, gearshift knobs, handbrake levers, console box, and operating manual book; provision of sewing services for fabric car seat covers, and wrapping and stitching services; and the supply of raw materials to the automotive upholstery industry.

The company serves OEM, PDI, and REM market segments. It also exports its products to the United States, the Netherlands, Thailand, Australia, Japan, New Zealand, Singapore, Indonesia, and the United Kingdom. Pecca Group Berhad was incorporated in 2010 and is headquartered in Kuala Lumpur, Malaysia.