Listing Detail:
Listing Sought: ACE Market
Issue Price: RM 0.19

Dates:
Offer Period Open: 08 Feb 2018
Offer Period Close: 23 Feb 2018
Tentative listing date: 08 Mar 2018

Number of shares:
Public Issue: 151,661,000
Offer for Sale: 75,831,000
Private Placement: 104,480,600
 

Stock Code: QES

Official Announcement

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF QES GROUP BERHAD ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:

(I) PUBLIC ISSUE OF 151,661,000 NEW ORDINARY SHARES IN QES GROUP BERHAD ("SHARES") IN THE FOLLOWING MANNER:

(A) 37,915,400 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

(B) 9,265,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES;

(C) 104,480,600 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND

(II) OFFER FOR SALE OF 75,831,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY.

Company Overview

QES Group Berhad, an investment holding company, engages in the distribution of inspection, test, and measurement equipment; and materials and engineering solutions. It offers microscopes, ED-XRF and WD-XRF analyzers, ICP spectrometers, OES equipment, and video coordinate measuring systems; materials and related parts used in the semiconductor industry, such as quartz parts, conditioning discs, back grinding wheels, and grinding and dicing tapes; and gas abatement systems to control gaseous emissions from manufacturing facilities, as well as scientific instruments.

The company also manufactures and sells optical inspection equipment comprising post wire bond, post dicing, and post probing inspection systems; and automated handling equipment, such as wafer batch transfer systems, and printing and labelling systems, as well as advanced wafer measurement systems. In addition, it offers after-sales services, including training, repair, and maintenance, as well as upgrading services.

The company serves electrical and electronics, automotive, and semiconductor industries. It operates in Malaysia, Vietnam, Singapore, the Philippines, Thailand, Indonesia, China, France, Japan, South Korea, Mexico, the United States, Taiwan, Germany, Spain, and Austria. QES Group Berhad was incorporated in 2014 and is headquartered in Shah Alam, Malaysia.

Address & Contact:

No 9, Jalan Juruukur U1/19, HICOM Glenmarie Industrial Park,
Seksyen U1, 40150, Shah Alam, Selangor, Malaysia​​
Tel : +603 5882 6668
Fax : +603 5567 0811
Email :  marketing@qesnet.com
Website: http://www.qesnet.com/