【WESTRVR 0353 交流专区】

icy97

IPO Prospectus

WEST RIVER BERHAD

Subject

INITIAL PUBLIC OFFERING (“IPO”) IN CONJUNCTION WITH THE LISTING OF WEST RIVER BERHAD ("WEST RIVER" OR THE "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 71,540,000 NEW ORDINARY SHARES IN OUR COMPANY (“SHARES”) IN THE FOLLOWING MANNER: - 17,885,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; - 8,942,500 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO OUR SUCCESS; AND - 44,712,500 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY; AND (II) OFFER FOR SALE OF 35,770,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, AT AN ISSUE/OFFER PRICE OF RM0.39 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3542085

Attachments West River - Detailed Procedures for Application and Acceptance.pdf West River Berhad - Prospectus (Part 1).pdf West River Berhad - Prospectus (Part 2).pdf West River Berhad - Prospectus (Part 3).pdf

Opening of application	10 Apr 2025
Closing of application	17 Apr 2025
Balloting of application	22 Apr 2025
Allotment of IPO shares to successful applicants	29 Apr 2025
Tentative listing date	05 May 2025

icy97

WEST RIVER BERHAD - INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF WEST RIVER BERHAD ("WEST RIVER" OR THE "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD AT AN ISSUE/OFFER PRICE OF RM0.39 PER SHARE, PAYABLE IN FULL UPON APPLICATION
Tricor Investor & Issuing House Services Sdn Bhd wishes to announce that the 17,885,000 Issue Shares made available for application by the Malaysian public have been oversubscribed.

A total of 1,288 applications for 22,454,300 Issue Shares with a value of RM8,757,177.00 were received from the Malaysian public, which represents an overall oversubscription rate of 0.26 times.

The notices of allotment will be posted to all successful applicants on 29 April 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3545929

Attachments WEST RIVER BERHAD - Press Release 1.pdf WEST RIVER BERHAD - Press Release 2.pdf

icy97

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	34,454	0	122,742	0
2	Profit/(loss) before tax	4,006	0	14,362	0
3	Profit/(loss) for the period	3,217	0	11,463	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,217	0	11,463	0
5	Basic earnings/(loss) per share (Subunit)	1.12	0.00	4.01	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	0.1100		15.4700

icy97

Initial Public Offering

WEST RIVER BERHAD

Date of Listing	05 May 2025
Enlarged Issued Share Capital in the following
Units	357,700,000
Currency	Malaysian Ringgit (MYR)
Par Value (if applicable)
Enlarged Issued Share Capital	47,931,800.000
Stock Code	0353
Stock Name	WESTRVR
ISIN code	MYQ0353OO001
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