IPO Malaysia

LEAP IPO - TT Vision Holdings Berhad (TTV)

kltrader
Publish date: Fri, 26 Apr 2019, 09:17 AM
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: RM0.18

Dates:
Listing date: 9 May 2019

 

Number of shares:
Units: 40,000,000
 

Stock Code: TTV

Announcement

PROPOSED PLACEMENT OF 40,000,000 NEW ORDINARY SHARES IN TT VISION HOLDINGS BERHAD (TTVHB) AT AN ISSUE PRICE OF RM0.18 PER SHARE TO INVESTORS WHO FALL WITHIN PART I OF SCHEDULE 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 TTVHB ON THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD

 

Company Overview

TT Vision Holdings Berhad is engaged in the development of automated machine vision solutions. The company was incorporated in 2018 and is based in Malaysia.

The company offers PC-based vision systems through innovative solutions developed in-house. The high speed, high accuracy and highly repeatable system is the result of years of research of refinement from field tests.

 

Address:

Plot 106, Jalan Hilir Sungai Keluang 5,
Bayan Lepas FIZ 4, Penang. 11900 Malaysia.

Tel: +60 4 645 6294
Fax: +60 4 645 5295
Email: sales@ttvision-tech.com
Web: http://www.ttvision-tech.com/

 

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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