At CTOS Digital Bhd's prospectus launch on June 30 were (left to right, from top row): Tan Sri Izzudin Dali, chairman of CTOS Digital; Dennis Martin, Group CEO of CTOS Digital; Ami Moris, CEO of Maybank Kim Eng Group; Jaimie Sia, acting CEO, RHB Investment Bank; Lee Han Ping, co-head of Malaysia investment banking & capital markets, Credit Suisse; and Leong Cheng Yuen, head, equity capital markets, AmInvestment Bank.
KUALA LUMPUR: CTOS Digital Bhd
, which is seeking a listing on the Main Market of Bursa Malaysia, is offering up to 1.10 billion shares -- involving 900 million existing shares and 200 million new shares -- representing 50% of the enlarged share capital.
Upon listing of the total of 2.20 billion shares, its total market capitalisation will be RM2.42bil based on an indicative price of RM1.10 a share for retail investors.
In its prospectus issued on Wednesday, it said the public issue of 110 million shares will raise gross proceeds of RM220mil and the offer for sale of 900 million shares RM990mil.
