| Subject | INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED SHARE CAPITAL OF SOLAR DISTRICT COOLING GROUP BERHAD ("SDCG") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING A PUBLIC ISSUE OF 118,670,000 NEW ORDINARY SHARES IN SDCG ("SHARES") IN THE FOLLOWING MANNER: (A) 21,192,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 21,192,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES AS WELL AS PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF SDCG AND ITS SUBSIDIARIES; AND (C) 76,286,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AT AN ISSUE PRICE OF RM0.38 PER SHARE, PAYABLE IN FULL UPON APPLICATION |
