RDS Congratulates L&P Global Berhad OnIts Prospectus Launch
Our firm’s Capital Markets and M&A Team congratulates L&P Global Berhad on the launch of its Prospectus in conjunction with its scheduled listing on the ACE Market of Bursa Malaysia on 3 January 2023. The team for this IPO was led by partner Ong Eu Jin together with Lily Zai Lii Lee 李彩溧 , Diane Ngu and Vincent Kow.
Our heartiest congratulations to the directors and management team of L&P Global Berhad (L&P Global), the holding company of Berjayapak Sdn Bhd (Berjayapak), on the launch of its prospectus ahead of its scheduled listing on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) on 3 January 2023.
The L&P Global group is principally involved in the design and manufacture of wooden industrial packaging products, including boxes, crates, and pallets. It also provides packing services, circular supply services, and trading of related products and raw materials. The listing of L&P Global entails a public issue of 113.0 million new shares as well as an offer for sale of 33.8 million existing shares at an initial public offering (IPO) price of RM0.30 per share.
In conjunction with its listing on the ACE Market, L&P Global aims to raise up to RM33.9 million from the public issue, which will mainly be utilised for, among others, the expansion of its operations in Johor, Klang Valley and Singapore and for the purchase of raw materials to support its operations. We are proud to have played a part in the IPO journey of L&P Global as their legal adviser and IPO solicitors. Our Capital Markets Head & Partner, Ong Eu Jin together with Senior Associate, Lee Zai-Lii (Lily) and Associates, Diane Ngu and Vincent Kow were the key lawyers involved in the IPO.
The RDS Capital Markets practice is active in the IPO space. If you have aspirations to list your company, please contact our partner, Ong Eu Jin at firstname.lastname@example.org for enquiries.
More information on L&P Global’s prospectus launch can be found at:
The Edge Markets
16 December 2022
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