IPO Prospectus
| PIONEER HEAT HOLDINGS BERHAD |
| Subject | INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF PIONEER HEAT HOLDINGS BERHAD ("PIONEER" OR "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (A) PUBLIC ISSUE OF 86,700,000 NEW ORDINARY SHARES IN PIONEER ("SHARES") IN THE FOLLOWING MANNER: (I) 17,345,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 10,407,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES AS WELL AS PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF PIONEER AND ITS SUBSIDIARIES; AND (III) 58,948,000 NEW SHARES AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (B) OFFER FOR SALE OF 17,345,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS, AT AN ISSUE/OFFER PRICE OF RM0.25 PER SHARE, PAYABLE IN FULL UPON APPLICATION |
Please refer attachment below.
Announcement Info
| Company Name | PIONEER HEAT HOLDINGS BERHAD |
| Stock Name | PIONEER |
| Date Announced | 12 Aug 2026 |
| Category | Document Submission |
| Reference Number | DCS-12082026-00001 |