Listing Detail:
Listing Sought: LEAP Market
Issue Price: RM0.29

Dates:
Listing date: 30 May 2019

Number of shares:
Units: 21,600,000
 

Stock Code: FBBHD

Announcement

INFORMATION MEMORANDUM IN RELATION TO PROPOSED PLACEMENT OF 21,600,000 ORDINARY SHARES IN FIBROMAT (M) BERHAD AT AN ISSUE PRICE OF RM0.29 PER SHARE IN CONJUNCTION WITH ITS PROPOSED LISTING ON THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD
 

Company Overview

Fibromat (M) Berhad is involved in the manufacturing of Erosion Control Products. The company produce a wide range of Erosion Control Products that are engineered to suit a broad spectrum of erosion control and protection applications including Slope Stabilization, river bank stabilization, soil erosion control, embankment protection and so forth.

Address:

No. 573 & 574, Jalan Samudra Utara 1,
Taman Samudra, 68100 Batu Caves,
Selangor Darul Ehsan.Malaysia.

Tel : 03-6189 9999 / 03-6188 4300
Fax : 03-6189 7559 / 03-6187 9775
Email : enquiry@fibromat.com.my

Website: http://www.fibromat.com.my/

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.