IPO Prospectus

WTEC GROUP BERHAD
SubjectINITIAL PUBLIC OFFERING (“IPO”) IN CONJUNCTION WITH THE LISTING OF WTEC GROUP BERHAD (“WTEC GROUP” OR “COMPANY”) ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) COMPRISING: (I) PUBLIC ISSUE OF 90,168,000 NEW ORDINARY SHARES IN WTEC GROUP (“SHARES”) IN THE FOLLOWING MANNER: (A) 24,000,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 9,600,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF WTEC GROUP; AND (C) 56,568,000 NEW SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY (“MITI”); AND (II) OFFER FOR SALE OF 43,200,000 EXISTING SHARES IN THE FOLLOWING MANNER: (A) 3,432,000 EXISTING SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY MITI; AND (B) 39,768,000 EXISTING SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AT AN IPO PRICE OF RM0.25 PER SHARE, PAYABLE IN FULL UPON APPLICATION.

Please refer attachment below.

1. WTEC Group Berhad – Prospectus (Part 1).pdf

2. WTEC Group Berhad – Prospectus (Part 2).pdf

3. WTEC Group Berhad – Prospectus (Part 3).pdf

4. WTEC Group Berhad – Detailed Procedures.pdf

 

 
Announcement Info
Company NameWTEC GROUP BERHAD
Stock NameWTEC
Date Announced09 Apr 2025
CategoryDocument Submission
Reference Number DCS-08042025-00055

Teresa Tan Siew Kuan

Madam Teresa Tan Siew Kuan holds a Bachelor of Economics from the University of Adelaide, Australia, and is a member of the Malaysian Institute of Accountants as well as a Fellow of Certified Practising Accountants, Australia (FCPA).

She brings over 30 years of experience across audit, taxation, corporate finance and investment banking. She began her career in 1992 in audit with Kassim Chan & Co (now Deloitte PLT), before gaining tax experience with Coopers & Lybrand (now PricewaterhouseCoopers). She subsequently built a career in corporate finance and advisory with Malaysian International Merchant Bankers Berhad (now Hong Leong Investment Bank Berhad) and Kenanga Investment Bank Berhad, where she advised corporate and institutional clients, including public listed companies.

She later transitioned into academia as a lecturer in accounting and auditing, before returning to the financial services industry in business development roles. She
subsequently served as Chief Financial Officer of TT Vision Holdings Berhad from 2017 to 2019, where she was involved in overseeing the company’s listing on the LEAP Market of Bursa Malaysia Securities Berhad.

She currently provides business and management consultancy services. She is also an Independent NonExecutive Director of IQ Group Holdings Berhad as well as
BWYS Group Berhad.