Initial Public Offering (IPO)
Reference No GR-051020-37095
Company Name : REXIT BERHAD (MESDAQ Market)
Stock Name : N/A
Date Announced : 20/10/2005

Subject : PUBLIC ISSUE OF 18,920,000 NEW ORDINARY SHARES OF RM0.10 EACH COMPRISING:

- 12,820,000 NEW ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED PUBLIC INVESTORS

- 1,000,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY THE PUBLIC; AND

- 5,100,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY ELIGIBLE DIRECTORS, EMPLOYEES AND BUSINESS ASSOCIATES OF REXIT BERHAD AND ITS SUBSIDIARY COMPANIES;

AT AN ISSUE PRICE OF RM0.32 PER ORDINARY SHARE OF RM0.10 EACH PAYABLE IN FULL ON APPLICATION, IN CONJUNCTION WITH THE LISTING OF REXIT BERHAD ON THE MESDAQ MARKET OF BURSA MALAYSIA SECURITIES BERHAD


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