OVERSEAS LISTING

Investment in companies that will go for overseas listing

Objective

• To participate as an equity partner in Companies that intends to be listed in overseas exchange.
• To support the government's effort to increase bumiputera equity holding in the capital market.

Criteria of Target Company

• Malaysian incorporated company that has secured an agreement to be listed overseas.
• The main business activity must be operating in Malaysia i.e. a minimum of 50% of its revenue must come from its Malaysian based company.
• Have appointed advisors for the listing exercise overseas.

Size of Investment

• Maximum of RM10.0 million.

Tenure of Investment

• Maximum of three (3) years.

Investment Structure

• For New Issues - To subscribe to a minimum of 5% and maximum of 30% from the enlarged equity interest in the Target Company.
• For Existing Shares - To subscribe to a minimum of 5% and maximum of 30% from the equity interest in the Target Company.
• Combination of both new issues or acquisition of shares from existing shareholders.
• Instrument: Ordinary shares in the Target Company.