SORENTO: INITIAL PUBLIC OFFERING ("IPO") OF 229,000,000 ORDINARY SHARES IN SORENTO CAPITAL BERHAD ("SORENTO CAPITAL" OR "COMPANY") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED SHARE CAPITAL OF SORENTO CAPITAL ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: I. PUBLIC ISSUE OF 155,000,000 NEW ORDINARY SHARES IN SORENTO CAPITAL ("SHARES") IN THE FOLLOWING MANNER: (A) 43,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 16,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF SORENTO CAPITAL GROUP; AND (C) 96,000,000 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY OF MALAYSIA; AND II. OFFER FOR SALE OF UP TO 74,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT IN THE FOLLOWING MANNER: (A) 62,500,000 EXISTING SHARES MADE AVAILABLE TO SELECTED INVESTORS; AND (B) 11,500,000 EXISTING SHARES MADE AVAILABLE TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY OF MALAYSIA; AT AN IPO PRICE OF RM0.37 PER SHARE PAYABLE IN FULL UPON APPLICATION.
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