IPO Malaysia

IPO - BCM Alliance Berhad (BCMALL)

kltrader
Publish date: Tue, 20 Sep 2016, 09:57 AM
kltrader
0 20,283
My collection of new IPOs in Malaysia and the background of companies going for IPO.

Listing Detail:
Listing Sought: ACE Market
Issue Price: RM0.19
Par Value: RM 0.05

Dates:
Offer Period Open: 28 Sep 2016
Offer Period Close: 10 Oct 2016
Tentative listing date: 24 Oct 2016

Number of shares:
Public Issue: 84,250,000
Offer for Sale: 42,125,000
Private Placement: 53,250,000

Stock Code: BCMALL

Official Announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING:-

(I) PUBLIC ISSUE OF 84,250,000 NEW ORDINARY SHARES OF RM0.05 EACH IN OUR COMPANY (SHARES) ALLOCATED IN THE FOLLOWING MANNER:-

(A) 22,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

(B) 9,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; AND

(C) 53,250,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND

(II) OFFER FOR SALE OF 42,125,000 SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS,

AT AN ISSUE/OFFER PRICE OF RM0.19 PER SHARE, PAYABLE IN FULL UPON APPLICATION

Company Overview

BCM Alliance Berhad, an investment holding company, distributes equipment in the commercial laundry equipment and medical devices industries in Malaysia. It engages in the supply, installation, testing, and commissioning of vended commercial laundry equipment, such as washers, tumble dryers, and coin changer, as well as on-premise commercial laundry equipment comprising washer extractor, continuous batch washer, batch dryer, tumble dryer, feeder, dry cleaning machine, flatwork ironer, folder, spotting table, industrial presses machine, ironing table, and chemical dispensing system. The company also distributes medical imaging equipment, as well as disinfection, sterilization, and surgical room equipment and related spare parts, accessories, and consumables of medical devices, such as MRI system, CT scanner, digital radiography system, X-ray system, various types of sterilizers, medical printing system, and washers/disinfectors. BCM Alliance Berhad was founded in 1978 and is headquartered in Kuala Lumpur, Malaysia.
 
Address & Contact:

No. 13-12, Jalan 13/155B
Aked Espalanad Bukit Jalil
Kuala Lumpur, 57000 Malaysia

Phone: +603 8993 9139
Fax: +603 8993 9039
Website: www.bcmalliance.com.my

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