With great honor, PESTECH (Cambodia) Plc. (the “Company”) and RHB Securities (Cambodia) Plc. wish to inform the public that the subscription of the initial public offering of PESTECH (Cambodia) Plc. (“IPO”) that was open from 27 July 2020 to 4 August 2020 had concluded successfully.
The total number of shares applied for by the investors (excluding applications by the employees of PESTECH (Cambodia) Plc. and PESTECH International Group and the potential investor, Maschinenfabrik Reinhausen) was 2,191,606, representing an over-subscription rate of 1.83 times of the total number of shares of 1,200,251, pre-allocated for the public investors, directors of PESTECH (Cambodia) Plc. and business associates. With the subscription of these 1,200,251 IPO shares and the 2,744,749 IPO shares which were subscribed by the employees of PESTECH (Cambodia) Plc. and PESTECH International Group and Maschinenfabrik Reinhausen, the 3,945,000 IPO shares that were made available for the IPO have been fully subscribed.
The listing of PESTECH (Cambodia) Plc. is targeted to take place on 12 August 2020, subject to the approval from the Cambodia Securities Exchange for the initial listing.
Please find below the list of successful investors. For more information on the allotment of the IPO shares, please contact RHB Securities (Cambodia) Plc. at 023 969 161 or contact your securities firms. You could also find the list of successful investors at www.rhbgroup.com.kh and www.pestech.com.kh.
We thank you for participating in our IPO and we look forward to your continuous support in the future.