Subject | INITIAL PUBLIC OFFERING ("IPO") OF 198,400,000 ORDINARY SHARES IN HARTANAH KENYALANG BERHAD ("HARTANAH") ("SHARES") COMPRISING PUBLIC ISSUE OF 120,900,000 NEW SHARES AND OFFER FOR SALE OF 77,500,000 EXISTING SHARES (COLLECTIVELY, "IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED SHARES ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD IN THE FOLLOWING MANNER: (I) 31,000,000 IPO SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 18,600,000 IPO SHARES MADE AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF HARTANAH AND ITS SUBSIDIARY (COLLECTIVELY, THE "GROUP"), AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP; (III) 71,300,000 IPO SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (IV) 77,500,000 IPO SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY, AT AN IPO PRICE OF RM0.16 PER SHARE, PAYABLE IN FULL UPON APPLICATION, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS |