INITIAL PUBLIC OFFERING OF UP TO 78,000,000 ORDINARY SHARES IN EVERSAFE RUBBER BERHAD ("EVERSAFE RUBBER") ("SHARES") COMPRISING:- (A) PUBLIC ISSUE OF 48,000,000 NEW SHARES ("ISSUE SHARES") COMPRISING:- (I) 12,500,000 ISSUE SHARES TO THE MALAYSIAN PUBLIC; (II) 11,500,000 ISSUE SHARES TO THE DIRECTORS OF EVERSAFE RUBBER, ELIGIBLE EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF EVERSAFE RUBBER AND ITS SUBSIDIARIES; (III) 24,000,000 ISSUE SHARES BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND SELECTED INVESTORS; AND (B) OFFER FOR SALE OF UP TO 30,000,000 EXISTING SHARES ("OFFER SHARES") COMPRISING:- (I) UP TO 6,000,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL AND SELECTED INVESTORS; (II) UP TO 24,000,000 OFFER SHARES BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY OF MALAYSIA; AT AN ISSUE / OFFER PRICE OF RM0.36 PER SHARE PAYABLE IN FULL ON APPLICATION PURSUANT TO THE LISTING OF EVERSAFE RUBBER ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD
Tricor Investor & Issuing House Services Sdn Bhd ("TIIH") wishes to announce that the IPO of Eversafe Rubber Berhad ("Eversafe Rubber") available for public subscription has been oversubscribed.
A total of 13,194 applications for 824,930,400 new shares with a value of RM296,974,944.00 were received from the Malaysian public for 12,500,000 new shares made available for public subscription, which represents an overall oversubscription rate of 64.99 times.
The notices of allotment will be despatched to all successful applicants on or before 19 April 2017.
Interim single tier dividend of 1.80 sen per share
Period of interest payment
to
Financial Year End
31 Dec 2017
Share transfer book & register of members will be
to closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no
TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel:0327839299Fax:0327839222
Payment date
14 Jul 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers
30 Jun 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
EVERSAFE RUBBER BERHAD (ERB OR THE COMPANY)- DISTRIBUTORSHIP AGREEMENT FOR DISTRIBUTION OF ZEISS INTACT TIRE INSPECTION SYSTEMS
The Board of Directors of Eversafe Rubber Berhad (“ERB”) is pleased to announce that its wholly-owned subsidiary, Eversafe Trading Sdn Bhd (“ET”) has on 3 July 2017, entered into a Distributorship Agreement with Carl Zeiss Optotechnik GmbH (“ZEISS”), a company duly incorporated in accordance with the laws of Germany, for the appointment of ET as the distributor of ZEISS’s INTACT Tire Inspection Systems and related spare parts (“Products”) within Malaysia, Singapore, Thailand, Vietnam, Philippines, Laos and Cambodia on an exclusive basis as well as Australia, New Zealand, Indonesia and, Japan on a non-exclusive basis (“Distributorship” or “Distributorship Agreement”). The INTACT Tire Inspection Systems, equipped with shearography technology, provide non-destructive testing and inspection of tyres and are used by retreaders and new tyre manufacturers around the world to identify defects in tyre casings prior to the retreading process.
ET is principally involved in trading of rubber-based products, equipment and related accessories.
The Distributorship Agreement shall remain effective until 2 July 2022, unless otherwise terminated by both parties in accordance with the terms and conditions as stipulated in the Distributorship Agreement.
The Distributorship is expected to contribute positively to the earnings of ERB group over the period of the Distributorship Agreement.
None of the Directors, major shareholders of ERB and/or persons connected to them have any interest, direct or indirect, in the Distributorship Agreement.
About Carl Zeiss Optotechnik GmbH:
Carl Zeiss Optotechnik GmbH is a worldwide leading supplier of optical measuring and testing technology.
It was formerly known as Steinbichler Optotechnik GmbH. The company was founded in 1987 and is based in Neubeuern, Germany.
Carl Zeiss Optotechnik GmbH operates as a subsidiary of Carl Zeiss Industrial Metrology Business Group. The Zeiss Group achieved a total turnover of 4.88 bn. Euro and employed 25,000 people (fiscal year 2015/16).
Carl Zeiss Optotechnik GmbH develops and markets optical measuring and testing systems. The company offers 3D scanning, surface inspection, automation, and tire testing systems – Shearography. Carl Zeiss Optotechnik GmbH serves customers globally.