Listing Detail:
Listing Sought: Ace Market
Issue Price: RM0.56

Dates:
Offer Period Open: 28 Apr 2017
Offer Period Close: 08 May 2017
Tentative listing date: 22 May 2017

Number of shares:
Public Issue: 11,000,000
Offer for Sale: -
Private Placement: 10,000,000

Stock Code: CABNET

Official Announcement

PUBLIC ISSUE OF 21,000,000 NEW ORDINARY SHARES IN CABNET HOLDINGS BERHAD ("CABNET SHARES") AT AN ISSUE PRICE OF RM0.56 PER SHARE PAYABLE IN FULL ON APPLICATION COMPRISING:

• 7,000,000 CABNET SHARES FOR APPLICATION BY THE MALAYSIAN PUBLIC;
• 10,000,000 CABNET SHARES FOR APPLICATION BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS; AND
• 4,000,000 CABNET SHARES FOR APPLICATION BY THE ELIGIBLE DIRECTORS, KEY MANAGEMENT PERSONNEL AND EMPLOYEES OF CABNET HOLDINGS BERHAD AND ITS SUBSIDIARY COMPANIES ("GROUP") AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP;

IN CONJUNCTION WITH THE LISTING OF CABNET HOLDINGS BERHAD ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD.

Company Overview

CabNet Group is principally involved in the provision of building management solutions, where the core business segments comprise structured cabling works and ELV systems for building and other facilities. CabNet also provides IT services as complementary services to building management solutions or offered separately on a standalone basis as an additional product offering.

No. 100, Jalan Ros Merah 2/17, Taman Johor Jaya
81100 Johor Bahru, Johor, Malaysia.

Phone: +607 3539008
Fax: +607 3530146
Website: http://www.cabnet.asia/