No. of Shares Par Value (RM) RM
Authorised share capital 1,000,000,000 0.50 500,000,000
Issued and fully paid-up
As at the date of our Prospectus
442,690,100 0.50 221,345,050
To be issued pursuant to the Public Issue 63,197,900 0.50 31,598,950
Enlarged issued and paid-up share capital upon Listing 505,888,000 0.50 252,944,000
IPO Price     0.65
Market Capitalisation
(based on the IPO Price and the enlarged issued and paid-up share capital upon Listing)
    328,827,200

Note:

The Offer for Sale would not have any effect on our issued and paid-up share capital.

Public Issue

Our public issue of 63,197,900 Issue Shares at the IPO Price, representing approximately 12.5% of our enlarged issued and paid-up share capital, shall be allocated in the following manner:-

(a)
Malaysian Public

25,294,400 Issue Shares, representing 5.0% of our enlarged issued and paid-up share capital, will be made available for application by the Malaysian Public, to be allocated via balloting process as follows:-

(i) 12,647,200 Issue Shares made available to public investors; and
(ii) 12,647,200 Issue Shares allocated to Bumiputera public investors.
(b)
Eligible Directors and employees

6,400,000 Issue Shares, representing 1.3% of our enlarged issued and paid-up share capital, will be reserved for our eligible Directors and employees under the Pink Form Allocations.

(c)
Private placement to identified investors

31,503,500 Issue Shares, representing 6.2% of our enlarged issued and paid-up share capital has been reserved for private placement to identified investors.

Upon completion of our Public Issue, our issued and paid-up share capital will increase from RM221,345,050 comprising 442,690,100 Shares to RM252,944,000 comprising 505,888,000 Shares.

Offer for Sale

65,000,000 Offer Shares, representing 12.8% of our enlarged issued and paid-up share capital will be offered by our Offerors at the IPO Price in the following manner:-

(a)
Private placement to identified investors

14,411,200 Offer Shares, representing 2.8% of our enlarged issued and paid-up share capital has been reserved for private placement to identified investors.

(b)
Private placement to identified investors

50,588,800 Offer Shares, representing 10.0% of our enlarged issued and paid-up share capital, will be allocated to Bumiputera public investors approved by MITI.

* Please read this section in conjunction with Section 3.4 and Section 3.5 from page 21 to page 25 of Chin Hin Group Berhad’s Prospectus dated 18 February 2016.