IPO Malaysia

LEAP IPO - Polymer Link Holdings Berhad (POLYMER)

kltrader
Publish date: Tue, 29 May 2018, 09:22 PM
kltrader
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My collection of new IPOs in Malaysia and the background of companies going for IPO.

Listing Detail:
Listing Sought: LEAP Market
Issue Price: RM 0.12

Dates:
Allotment of Shares: 28 Feb 2018
Listing date: 27 Apr 2018

Number of shares:
Units: 18,051,733

Stock Code: POLYMER

Announcement

INFORMATION MEMORANDUM IN RELATION TO POLYMER LINK HOLDINGS BERHAD'S EXCLUDED ISSUE WITHIN THE MEANINGS OF SECTIONS 229 AND 230 OF THE CAPITAL MARKETS AND SERVICES ACT 2007, IN CONJUNCTION WITH ITS PROPOSED LISTING ON THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD

 

Company Overview

Polymer Link Holdings Berhad operates as a holding company. The Company, through its subsidiaries, provides polymer and plastic and rotational moulding powder, as well as toll processing, compounding, and troubleshooting services. Polymer Link Holdings serves customers in Malaysia.

 

LEAP Market

The LEAP market is an alternative platform for small and medium enterprises (SMEs) to raise capital in an efficient, fast, and transparent marketplace for their business growth.

Additionally, the LEAP market gives them the visibility of being a listed entity and assists these companies in their transformation to better governance and operational standards.

Trading on the LEAP market is limited to sophisticated investors, who are categorised as accredited investors, high net worth entities with total net assets exceeding RM10mil, or high net worth individuals whose net personal assets exceeds RM3mil or gross annual income exceeding RM300,000.

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