JF TECHNOLOGY BERHAD
PUBLIC ISSUE OF 34,792,000 NEW ORDINARY SHARES OF RM0.10 EACH IN JF TECHNOLOGY BERHAD (“SHARES”) AT AN ISSUE PRICE OF RM0.40 PER SHARE PAYABLE IN FULL ON APPLICATION.
Kuala Lumpur, 8 April 2008 – MIDF Consultancy and Corporate Services Sendirian Berhad (MIDFCCS) wishes to announce that the Public Issue Shares of JF Technology Berhad made available for public subscription have been oversubscribed.
The Public Issue exercise comprises the following:-
• 5,000,000 new Shares available for application by the Malaysian public
• 25,792,000 new Shares by way of private placement to identified investors; and
• 4,000,000 new Shares available for application by eligible directors, employees and business associates of JF Technology Berhad and its subsidiaries.
For the 5,000,000 new Shares made available for public subscription, a total of 1,051 applications for 10,251,200 Shares with a value of RM4,100,480.00 were received from the Malaysian public. This represents an overall oversubscription rate 1.05 times.
For the 25,792,000 new Shares made available for private placement, 15,480,000 Shares have been placed out. From the balance unsubscribed of 10,312,000 Shares, 5,251,200 Shares will be subscribed by the Malaysian public and the rest will be taken up by the underwriter.
Notices of Allotment will be dispatched by post to all successful applicants on or before April 11, 2008.
The Adviser, Underwriter, Placement Agent and Sponsor for this initial public offering is HwangDBS Investment Bank Berhad.
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| •JF Technology Berhad Basis Of Allotment |  |
