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 IPO: Sorento Capital Berhad (“Sorento Capital”)

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TSHalibut
post Sep 30 2024, 07:53 PM, updated 2y ago

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Principal Activity:

The principal activity of Sorento Capital is investment holding. Its subsidiaries are principally involved in the marketing, distribution and sale of bathroom and kitchen sanitary wares.
Shares to be issued/offered:
IPO in conjunction with the listing of Sorento Capital on the ACE Market comprising:

(I) Public issue of 155,000,000 new ordinary shares in Sorento Capital ("Issue Shares") in the following manner:

43,000,000 Issue Shares made available for application by the Malaysian public;

16,000,000 Issue Shares made available for application by the eligible Directors, employees and persons who have contributed to the success of Sorento Capital and its subsidiaries; and
96,000,000 Issue Shares made available by way of private placement to Bumiputera investors as approved by the Ministry of Investment, Trade and Industry of Malaysia (“MITI”); and

(II)  Offer for sale of up to 74,000,000 existing shares (“Offer Shares”) in the following manner:

62,500,000 Offer Shares made available by way of private placement to selected investors; and

11,500,000 Offer Shares made available by way of private placement to Bumiputera investors as approved by the MITI.
TSHalibut
post Sep 30 2024, 07:54 PM

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TSHalibut
post Oct 1 2024, 04:45 PM

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v3t0
post Oct 1 2024, 06:16 PM

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Same closing date as OBH. Supplement vs toilet
earshore
post Oct 4 2024, 03:27 AM

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probably need to think this through
engineer
post Oct 4 2024, 09:24 AM

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QUOTE(v3t0 @ Oct 1 2024, 06:16 PM)
Same closing date as OBH. Supplement vs toilet
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Which one is better? confused.gif
coyouth
post Oct 4 2024, 09:43 AM

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QUOTE(Halibut @ Oct 1 2024, 04:45 PM)
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can't believe i'll live to see the day my toilet hardware supplier would be listed...
TSHalibut
post Oct 4 2024, 10:01 AM

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QUOTE(engineer @ Oct 4 2024, 09:24 AM)
Which one is better?  :confused:
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For me, toilet more better. Even FA also nice
nexona88
post Oct 4 2024, 10:16 AM

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QUOTE(coyouth @ Oct 4 2024, 09:43 AM)
can't believe i'll live to see the day my toilet hardware supplier would be listed...
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Company okay??

Management style how?
1282009
post Oct 7 2024, 10:49 AM

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QUOTE(coyouth @ Oct 4 2024, 09:43 AM)
can't believe i'll live to see the day my toilet hardware supplier would be listed...
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Hahahha
IPO ADDICT
post Oct 7 2024, 02:39 PM

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QUOTE(Halibut @ Oct 4 2024, 10:01 AM)
For me, toilet more better. Even FA also nice
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consumer product - a neccessity like STEAMING 99SMART.. thumbup.gif
TSHalibut
post Oct 8 2024, 04:01 PM

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coyouth
post Oct 10 2024, 05:46 PM

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any TP so far?
TSHalibut
post Oct 11 2024, 10:04 AM

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coyouth
post Oct 11 2024, 02:48 PM

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QUOTE(Halibut @ Oct 11 2024, 10:04 AM)
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thanks for sharing.
pileepalah
post Oct 11 2024, 06:26 PM

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nanti yr house renovation remember to
only used Sorento toiletries , support sikit

earshore
post Oct 12 2024, 07:50 AM

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1950 let's go
nexona88
post Oct 12 2024, 08:25 AM

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QUOTE(pileepalah @ Oct 11 2024, 06:26 PM)
nanti yr house renovation remember to
only used Sorento toiletries , support sikit
*
I only buy china one

Cheap cheap cheap 😝
IPO ADDICT
post Oct 12 2024, 04:50 PM

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QUOTE(Halibut @ Oct 11 2024, 10:04 AM)
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rclxm9.gif rclxms.gif rclxms.gif OVER THE ROOF

EVEN MUCH BETTER prospect THAN CONSUMER HOUSE HOLD SPEED99 blink.gif biggrin.gif

golengg liao $$$$$ whistling.gif

This post has been edited by IPO ADDICT: Oct 12 2024, 04:55 PM
terriblyrawtea
post Oct 13 2024, 11:09 PM

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MITI allotment during IPO is considered good or not? how to judge this

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