Disclaimer:

Information contained in this IPO Centre is intended solely for your personal reference and is not intended to form the basis of any investment decision or any decision to purchase any securities or any decision to participate in the process. It does not constitute an offer or an invitation or solicitation or advice of an offer to subscribe or to purchase any securities. Such information is subject to change from time to time without notice and it may not contain all material information concerning Sasbadi Holdings Berhad. The summary information in this IPO Centre was extracted from Sasbadi Holdings Berhad's Prospectus dated 7 July 2014. You are advised to read Sasbadi Holdings Berhad's Prospectus dated 7 July 2014 for the full information. Though due care was exercised in extracting information from the Prospectus, the information in the Prospectus shall prevail should there be any discrepancy in information between this section and the Prospectus.

 

All references to “our Company” or “Sasbadi Holdings” are to Sasbadi Holdings Berhad, while references to “our Group” are to our Company and our subsidiary companies. References to “we”, “us”, “our” and “ourselves” are to our Company or our Group or any member of our Group, as the context requires.

 

Abbreviations:

The following abbreviations are used in this section:

AAGR

:

Average Annual Growth Rate

Bursa Securities

:

Bursa Malaysia Securities Berhad (635998-W)

FPE    

:

Financial period ended/ending

FYE

:

Financial year ended/ending

IMR Report

:

Vital Factor’s Independent Market Research Report titled ‘Independent Assessment of the Educational Publishing Industry Focusing on National School Curriculum in Malaysia’ included in Section 7 of our Prospectus

IPO

:

Public Issue and Offer for Sale, collectively

IPO Price

:

The issue/offer price of RM1.19 per IPO Share

IPO Share(s)

:

The Public Issue Shares and the Offer for Sale Shares, collectively

Listing

:

The admission to the Official List of Bursa Securities and the listing of and quotation for our entire enlarged issued and paid-up share capital of RM63,500,000 comprising 127,000,000 Shares on the Main Market of Bursa Securities

MITI

:

Ministry of International Trade and Industry, Malaysia

Offer for Sale

:

Offer for sale by the Offerors of up to 35,950,000 Sasbadi Holdings Shares by way of placement to Bumiputera investors approved by the MITI and selected investors at the IPO Price

Offer for Sale Share(s) or Offer Share(s)

:

Up to 35,950,000 Sasbadi Holdings Shares to be offered for sale by the Offerors

Prospectus

:

Our prospectus dated 7 July 2014 in relation to our IPO

Public Issue

:

The 21,200,000 new Sasbadi Holdings Shares, representing approximately 16.7% of the enlarged issued and paid-up share capital of Sasbadi Holdings at the IPO Price

RM and sen

:

Ringgit Malaysia and sen, respectively

Sasbadi

:

Sasbadi Sdn Bhd (139288-X)

Sasbadi Holdings or Company

:

Sasbadi Holdings Berhad (1022660-T)

Sasbadi Holdings Group or Group

:

Sasbadi Holdings and its direct wholly-owned subsidiary companies, namely Sasbadi, Maya Press, Orbit Buku, Sasbadi Online, Malaysian Book Promotions, MBP Publications and Sasbadi Learning Solutions collectively

Sasbadi Holdings Share(s) or Share(s)

:

Ordinary share(s) of RM0.50 each in Sasbadi Holdings

Vital Factor

:

Vital Factor Consulting Sdn Bhd (266797-T)

YGMB

:

Yayasan Guru Malaysia Berhad (2951523-T). YGMB was incorporated on 7 March 1994 in Malaysia under the Act as a company limited by guarantee. It is run by a board of trustees, and the main objective for the establishment of YGMB is to look after the welfare of teachers, especially members of YGMB, through support/assistance in areas such as education, health, cases of death, disasters etc

 

Technical Glossary

KBSM

:

Kurikulum Bersepadu Sekolah Menengah - Integrated Curriculum for Secondary Schools in Malaysia

KSSR

:

Kurrikulum Standard Sekolah Rendah – Standard Curriculum for Primary Schools in Malaysia (with effect from 2011)

National Curriculum

:

Used interchangeably with National School Curriculum

National schools

:

Used interchangeably with public schools

National School Curriculum

:

In the context of our Prospectus, it refers to the Malaysian National School Curriculum. The National School Curriculum is a series of standardised courses prescribed by the Ministry of Education for conducting education in all kindergartens, primary and secondary schools, excluding international, expatriate, correspondence and some special education and religious schools, in Malaysia.  It also includes government or government-aided colleges that provide post-secondary education

PMR

:

Penilaian Menengah Rendah - Lower Secondary Assessment, set and run by Malaysian Examinations Syndicate.  It is intended for:

  • school candidates which are form 3 students of government secondary schools, government aided secondary schools or other schools recognised by the Ministry of Education
  • private candidates who have sat for PMR/SRP/Lower Certificate of Education/Sabah Junior School Certificate/Sarawak Junior School Certificate or undergone a course of studies recognised by State Directors of Education comprising the same level with Form 3 in schools that receive government aids

SPM

:

Sijil Pelajaran Malaysia - Malaysian Certificate of Education, set and run by Malaysian Examinations Syndicate.  It is intended for:

  • school candidates which are Form 5 students of government schools, government aided schools, government aided religious schools, schools under other government agencies, state religious secondary schools, private schools registered with the Ministry of Education, people’s religious secondary schools, and have reached the age of 16 on 1 January of the examination year;
  • private candidates who have sat for SPM/SPM (Vocational)/Malaysian Vocational Certificate of Education (SPVM)/Malaysian Certificate of Education (MCE), or have sat for PMR at least one year before applying to register for SPM, or have reached the age of 17 on 1 January of the examination year

SRP

:

Sijil Rendah Pelajaran - Lower Certificate of Education.  SRP was replaced by PMR in 1993

STAM

:

Sijil Tinggi Agama Malaysia – Malaysian Higher Certificate of Religious Education, set and run by Malaysian Examinations Syndicate.  It is intended for students who have undergone course of studies using the curriculum of Ma’ahad Bu’uth Al-Azhar, have sat for SPM or have reached the age of 18 on 1 January of the examination year

UPSR

:

Ujian Pencapaian Sekolah Rendah – Primary School Achievement Test, set and run by Malaysian Examinations Syndicate.  It is intended for year six students of national schools, national-type schools and private schools that are registered with the Ministry of Education