【CLITE 0348 交流专区】

icy97

IPO Prospectus

CHEMLITE INNOVATION BERHAD

Subject

INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED ORDINARY SHARE CAPITAL OF CHEMLITE INNOVATION BERHAD ("CHEMLITE INNOVATION") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("ACE MARKET") COMPRISING:- (A) A PUBLIC ISSUE OF 120,000,000 NEW ORDINARY SHARES IN CHEMLITE INNOVATION ("ISSUE SHARE(S)") IN THE FOLLOWING MANNER:- (I) 30,000,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 21,000,000 ISSUE SHARES RESERVED FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES AS WELL AS PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; (III) 54,000,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INSTITUTIONAL AND/OR SELECTED INVESTORS; AND (IV) 15,000,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE, AND INDUSTRY OF MALAYSIA ("MITI"), AND (B) AN OFFER FOR SALE OF 60,000,000 EXISTING ORDINARY SHARES IN CHEMLITE INNOVATION ("OFFER SHARE(S)") BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MITI; AT AN ISSUE PRICE/OFFER PRICE OF RM0.25 PER ISSUE SHARE/OFFER SHARE, PAYABLE IN FULL UPON APPLICATION.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3531532

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

Opening of application	05 Mar 2025
Closing of application	12 Mar 2025
Balloting of application	14 Mar 2025
Allotment of IPO shares to successful applicants	25 Mar 2025
Tentative listing date	26 Mar 2025

icy97

CHEMLITE INNOVATION BERHAD - INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED ORDINARY SHARE CAPITAL OF CHEMLITE INNOVATION BERHAD ("CHEMLITE INNOVATION") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("ACE MARKET") AT AN ISSUE PRICE/OFFER PRICE OF RM0.25 PER ISSUE SHARE/OFFER SHARE, PAYABLE IN FULL UPON APPLICATION
Tricor Investor & Issuing House Services Sdn Bhd wishes to announce that the 30,000,000 Issue Shares made available for application by the Malaysian public have been oversubscribed.
  
A total of 9,288 applications for 882,279,300 Issue Shares with a value of RM220,569,825.00 were received from the Malaysian public, which represents an overall oversubscription rate of 28.41 times.

The notices of allotment will be posted to all successful applicants on 25 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3535035

Attachments CLITE- Press Release 2.pdf CLITE- Press Release 1.pdf

icy97

Initial Public Offering

CHEMLITE INNOVATION BERHAD

Date of Listing	26 Mar 2025
Enlarged Issued Share Capital in the following
Units	600,000,000
Currency	Malaysian Ringgit (MYR)
Par Value (if applicable)
Enlarged Issued Share Capital	38,800,978.000
Stock Code	0348
Stock Name	CLITE
ISIN code	MYQ0348OO001
Board	ACE Market
Bursa Sector	INDUSTRIAL PRODUCTS & SERVICES
Bursa Sub Sector	INDUSTRIAL SERVICES
Do you wish to list any child stock / new type of securities in conjunction with the IPO/Admission to LEAP Market?	No

icy97

CHEMLITE INNOVATION BERHAD

Particulars of substantial Securities Holder

Name	MR HENG CHEE KHIANG
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	26 Mar 2025	27,000,000	Others	Direct Interest
	Name of registered holder	HENG CHEE KHIANG
	Description of "Others" Type of Transaction	Offer for sale
2	26 Mar 2025	1,500,000	Others	Indirect Interest
	Name of registered holder	HENG JIA QI
	Description of "Others" Type of Transaction	Pink Form Allocation

Circumstances by reason of which change has occurred	(i) Offer for sale in conjunction with Initial Public Offering(ii) Subscription of shares through Pink Form in conjunction with Initial Public Offering
Nature of interest	Direct and Indirect Interest
Direct (units)	189,000,000
Direct (%)	31.5
Indirect/deemed interest (units)	1,500,000
Indirect/deemed interest (%)	0.25
Total no of securities after change	190,500,000
Date of notice	26 Mar 2025
Date notice received by Listed Issuer	26 Mar 2025

Name	MR CHONG YUEN FONG
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	26 Mar 2025	33,000,000	Others	Direct Interest
	Name of registered holder	CHONG YUEN FONG
	Description of "Others" Type of Transaction	Offer for sale

Circumstances by reason of which change has occurred	Offer for sale in conjunction with Initial Public Offering
Nature of interest	Direct Interest
Direct (units)	231,000,000
Direct (%)	38.5
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	231,000,000
Date of notice	26 Mar 2025
Date notice received by Listed Issuer	26 Mar 2025