TUC is an investment holding company. Through its subsidiaries, TUC is principally involved in the supply of smart meters, manufacturing and integration of electrical systems, distribution of electrical products and other related activities such as supply of fibre-reinforced polymer cross-arms for power transmission power, provision of consultation services mainly concerning communications protocol for smart meters in Malaysia, and supply and installation of communication devices.

IPO of 156,156,000 ordinary shares in TUC (“Shares”) comprising:

Public issue of 109,656,000 new Shares (“Issue Shares”) in the following manner:-

30,450,000 Issue Shares made available for application by the Malaysian public;

5,200,000 Issue Shares made available for application by the eligible directors, employees and persons who have contributed to the success of the Group; and

74,006,000 Issue Shares made available for private placement to selected investor

and
Offer for sale of 46,500,000 existing Shares made available for private placement to selected investors

subject to the clawback and reallocation provisions as set out in this prospectus, in conjunction with listing of TUC on the ACE Market of Bursa Malaysia Securities Berhad

Energy play?