proSPECTUS


BWYS Group Berhad (“BWYS”)

Details of prospectus:


 

Company Name

  • BWYS Group Berhad (“BWYS”)

Proposal Type and Board

Initial Public Offering (“IPO”) on the ACE Market

Sponsor(s)

M & A Securities Sdn Bhd

Principal Activity

BWYS is principally an investment holding company. Through its subsidiaries, the Group is principally involved in manufacturing of sheet metal products and supply of scaffoldings. To complement its manufacturing of sheet metal products and supply of scaffoldings, the Group also engages in trading of steel materials and steel related products.

Shares to be issued/offered

IPO in conjunction with the listing of BWYS on the ACE Market comprising:

 (I) Public issue of 256,303,000 new ordinary shares in BWYS (“Shares”) in the following manner:

  • 51,260,800 new Shares available for application by the Malaysian Public;
  • 61,512,800 new Shares available for application by the eligible directors, employees and persons who have contributed to the success of BWYS and its subsidiaries;
  • 128,151,700 new Shares by way of private placement to Bumiputera investors approved by the Ministry of Investment, Trade And Industry; and
  • 15,377,700 new Shares by way of private placement to selected investors; and

 (II) Offer for sale of 100,000,000 existing Shares by way of private placement to selected investors.

Date of Exposure

05 Oct 2023
(Updated 13 Mar 2024)

Download prospectus in separate files: