INNITY CORPORATION BERHAD
PUBLIC ISSUE OF 17,000,000 NEW ORDINARY SHARES OF RM0.10 EACH AT AN ISSUE PRICE OF RM0.55 PER ORDINARY SHARE PAYABLE IN FULL UPON APPLICATION IN CONJUNCTION WITH OUR LISTING ON THE MESDAQ MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“MESDAQ MARKET”)
Kuala Lumpur, 20 June 2008 – MIDF Consultancy and Corporate Services Sendirian Berhad (MIDFCCS) wishes to announce that the Public Issue shares of INNITY Corporation Berhad (INNITY Shares) made available for public subscription has been oversubscribed.
The Public Issue exercise comprises the following:
• 2,750,000 New Ordinary Shares of RM0.10 each available for application by the Malaysian Public;
• 4,250,000 New Ordinary Shares of RM0.10 each available for application by eligible directors and employees of our company and subsidiary companies (“Our Group”) and persons who have contributed to the success of our group; and
• 10,000,000 New Ordinary Shares of RM0.10 each by way of private placement.
And Bonus Issue of nine (9) new INNITY shares to be issued and credited as fully paid-up for every ten (10) INNITY shares held after the public issue.
For the 2,750,000 shares made available for public subscription, a total of1,096 applications for 6,120,600 Shares with a value of RM3,366,330.00 were received from the Malaysian public. This represents an overall oversubscription rate 1.23 times.
The 10,000,000 New INNITY shares made available for private placement have been fully placed out by the placement agent.
1,928,000 unsubscribed shares reserved initially for eligible Directors and employees of Innity Corporation Bhd and its subsidiary companies, were made available to the public.
Notices of Allotment will be dispatched by post to all successful applicants on or before June 27, 2008.
The Financial Adviser, Underwriter, Placement Agent and Sponsor for this initial public offering is RHB Investment Bank Berhad.
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| • INNITY CORPORATION BERHAD Basis Of Allotment |  |
