【SORENTO 0326 交流专区】

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IPO Prospectus

SORENTO CAPITAL BERHAD

Subject

INITIAL PUBLIC OFFERING ("IPO") OF 229,000,000 ORDINARY SHARES IN SORENTO CAPITAL BERHAD ("SORENTO CAPITAL" OR "COMPANY") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED SHARE CAPITAL OF SORENTO CAPITAL ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: I. PUBLIC ISSUE OF 155,000,000 NEW ORDINARY SHARES IN SORENTO CAPITAL ("SHARES") IN THE FOLLOWING MANNER: (A) 43,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 16,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF SORENTO CAPITAL GROUP; AND (C) 96,000,000 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY OF MALAYSIA; AND II. OFFER FOR SALE OF UP TO 74,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT IN THE FOLLOWING MANNER: (A) 62,500,000 EXISTING SHARES MADE AVAILABLE TO SELECTED INVESTORS; AND (B) 11,500,000 EXISTING SHARES MADE AVAILABLE TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY OF MALAYSIA; AT AN IPO PRICE OF RM0.37 PER SHARE PAYABLE IN FULL UPON APPLICATION.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3489416

Attachments Sorento - Prospectus (Part 1).pdf Sorento - Prospectus (Part 2).pdf Sorento- Detailed Procedures for Application and Acceptance.pdf

Type	Announcement
Subject	OTHERS
Description	SORENTO CAPITAL BERHAD ("SORENTO CAPITAL" OR THE "COMPANY")INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF SORENTO CAPITAL ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD
Unless otherwise stated, the terms used in this announcement shall have the same meaning as defined in the Prospectus dated 7 October 2024 in respect of the IPO. On behalf of the Board of Directors of Sorento Capital, Alliance Islamic Bank Berhad is pleased to announce the following in relation to the IPO: (i)       level of subscription of public balloting and placement; (ii)      basis of allotment/ allocation for the public balloting; (iii)     distribution for the placement tranche; and (iv)     disclosure of placees who become substantial shareholders of Sorento Capital arising from the IPO, if any. Further details of the above are set out in the attachment. This announcement is dated 18 October 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3492595

Attachments Sorento- IPO (Subscription Rate) 181024.pdf

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Initial Public Offering

SORENTO CAPITAL BERHAD

Date of Listing	28 Oct 2024
Enlarged Issued Share Capital in the following
Units	860,000,000
Currency	Malaysian Ringgit (MYR)
Par Value (if applicable)
Enlarged Issued Share Capital	99,650,940.000
Stock Code	0326
Stock Name	SORENTO
ISIN code	MYQ0326OO007
Board	ACE Market
Bursa Sector	CONSUMER PRODUCTS & SERVICES
Bursa Sub Sector	HOUSEHOLD GOODS
Do you wish to list any child stock / new type of securities in conjunction with the IPO/Admission to LEAP Market?	No

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SORENTO CAPITAL BERHAD

Particulars of substantial Securities Holder

Name	MR LOO CHAI LAI
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	25 Oct 2024	74,000,000	Others	Direct Interest
	Name of registered holder	Loo Chai Lai
	Description of "Others" Type of Transaction	Offer for sale
2	28 Oct 2024	50,000	Others	Indirect Interest
	Name of registered holder	Loo Jing Shun
	Description of "Others" Type of Transaction	Subscribe IPO Shares

Circumstances by reason of which change has occurred	(1) Offer for sale. (2) Subscription of shares under Pink Form Allocation in connection with the Initial Public Offering ("IPO") by his son, Loo Jing Shun.
Nature of interest	Direct and Indirect Interest
Direct (units)	86,884,187
Direct (%)	10.103
Indirect/deemed interest (units)	535,266,370
Indirect/deemed interest (%)	62.24
Total no of securities after change	622,150,557
Date of notice	28 Oct 2024
Date notice received by Listed Issuer	28 Oct 2024

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2024	30 Sep 2023	30 Sep 2024	30 Sep 2023
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	45,049	0	45,049	0
2	Profit/(loss) before tax	7,311	0	7,311	0
3	Profit/(loss) for the period	5,017	0	5,017	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,017	0	5,017	0
5	Basic earnings/(loss) per share (Subunit)	1.52	0.00	1.52	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent	0.1000		0.0900

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2024	31 Dec 2023	31 Dec 2024	31 Dec 2023
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	49,705	0	94,754	0
2	Profit/(loss) before tax	9,771	0	17,082	0
3	Profit/(loss) for the period	7,009	0	12,026	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	7,009	0	12,026	0
5	Basic earnings/(loss) per share (Subunit)	1.23	0.00	2.10	0.00
6	Proposed/Declared dividend per share (Subunit)	0.50	0.00	0.50	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent	0.1500		0.0800

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SORENTO CAPITAL BERHAD

Entitlement subject	Interim Dividend
Entitlement description	Interim Dividend of 0.50 sen per ordinary share
Ex-Date	13 Mar 2025
Entitlement date	14 Mar 2025
Entitlement time	5:00 PM
Financial Year End	30 Jun 2025
Period
Share transfer book & register of members will be	to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	21 Mar 2025
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	14 Mar 2025
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Announced Currency	Malaysian Ringgit (MYR)
Disbursed Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	Malaysian Ringgit (MYR) 0.0050