Listing Detail:
Listing Sought: LEAP Market
Issue Price: RM 0.20

Dates:
Listing date: 4 Oct 2018

Number of shares:
Units: 39,997,200
 

Stock Code: MYKRIS

Announcement

INFORMATION MEMORANDUM IN RELATION TO MYKRIS INTERNATIONAL BERHAD'S ("MYKRIS") PROPOSED PLACEMENT OF 39,997,200 ORDINARY SHARES IN MYKRIS ("ISSUE SHARE(S)") TO INVESTORS WHO FALL WITHIN PART 1 OF SCHEDULES 6 OR 7 OF THE CAPITAL MARKETS AND SERVICES ACT, 2007 IN CONJUNCTION WITH THE PROPOSED LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED ORDINARY SHARE CAPITAL OF MYKRIS ON THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD AT AN ISSUE PRICE OF RM0.20 PER ISSUE SHARE, PAYABLE IN FULL UPON APPLICATION

Company Overview

MYKRIS International Berhad provides and manages Internet and intranet network services to the enterprises in Malaysia. It offers managed broadband services, hybrid Internet, metro ethernet, ipvpn / virtual private network, multi protocol label switching, bandwidth on demand high speed Internet access, wireless Internet and broadband, and hosting services, as well as other e-commerce solutions.

The company also engages in the development and provision of Web-based application software. It serves education, retail and distribution, manufacturing, finance, hospitality, and tourism industries. The company was incorporated in 2008 and is headquartered in Puchong, Malaysia.

Address:

Head office

Block H-08-01 Setia Walk, Persiaran Wawasan
Pusat Bandar Puchong, 47800 Selangor, Malaysia

Phone: +603 5879 0188
Fax: +603 5879 0288
Website: www.mykris.net

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.