According to its prospectus, shares of the offshore service vessels (OSV) would be offered at an indicative retail offer price of RM1.85 a share.
The IPO of 510.76 million shares comprise of 289.02 million existing shares and 221.74 million new shares. Upon listing on June 25, its enlarged paid-up share capital would be 1.177 billion shares of 50 sen each.
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