Prospectus Exposure - Prolintas Infra Business Trust (“Prolintas Infra BT”)
The prospectuses published here have not been registered with the SC under Section 232 of the Capital Markets and Services Act 2007 and is solely for the purpose of seeking comments from the public. THESE PROSPECTUSES SHOULD NOT BE USED FOR MAKING ANY INVESTMENT DECISION. Securities cannot be offered and application for securities cannot be accepted until the prospectus has been registered by the SC.
The SC shall not be liable for any non-disclosure on the part of the corporation and takes no responsibility for the contents of the prospectuses, makes no representation as to its accuracy or completeness and expressly disclaims any liability for any loss suffered arising from or in reliance upon the whole or any part of the contents of the prospectuses published here.
Details of prospectus
Name : Prolintas Infra Business Trust (“Prolintas Infra BT”)
Proposal Type and Board : Initial Public Offering (“IPO”) on the Main Market 
Principal Adviser(s) : AmInvestment Bank Berhad
Principal Activity : Prolintas Infra BT is principally engaged in the construction, toll collection, operations and maintenance of highways as well as provision of ancillary facilities to complement the operation of highways and enhance road users’ experience and convenience.
Units to be issued/offered :

IPO of up to 468,700,000 units in Prolintas Infra BT (“Units”) in conjunction with the listing and quotation of all issued Units of Prolintas Infra BT on the Main Market of Bursa Malaysia Securities Berhad comprising an offer for sale of up to 468,700,000 existing Units (“IPO Units”) involving the offering of:

  1. Up to 422,949,000 IPO Units to Malaysian and foreign institutional and selected investors, including Bumiputera investors approved by the Ministry of Investment, Trade and Industry of Malaysia (“Institutional Offering”) at the institutional price to be determined by way of bookbuilding (“Institutional Price”); and
  2. Up to 45,751,000 IPO Units to the directors of the trustee- manager and the companies held under Prolintas Infra BT (“Trust Group”), eligible employees of the Trust Group, persons who have contributed to the success of the Trust Group and the Malaysian public (“Retail Offering”) at the retail price per IPO Unit (“Retail Price”), payable in full upon application and subject to the refund of the difference between the Retail Price and the Final Retail Price (as defined in this prospectus) in the event that the Final Retail Price is less than the Retail Price,

Subject to the clawback and reallocation provisions and the over- allotment option (as defined in this prospectus), the Final Retail Price will be equal to the lower of:

  1. the Retail Price; or
  2. the Institutional Price.

Date of Exposure : 19 October 2023 (updated 6 December 2023)
Download prospectus in separate files
  • Cover
  • Indicative Timetable
  • Table of Contents
  • Presentation of Financial and other Information
  • Forward-Looking Statements
  • Definitions
  • Glossary of Technical Terms
(pdf - 149KB)
Corporate Directory (pdf - 179KB)
Introduction (pdf - 179KB)
Prospectus Summary (pdf - 348KB)

Details of the IPO

(pdf - 215KB)
Risk Factors (pdf - 399KB)
Information on theTrust Group (pdf - 239KB)
Business Overview (pdf - 337KB)
Industry Overview (pdf - 319KB)
Infomation on the Promoters and Substantial Unitholders (pdf - 300KB)
Trustee-Manager (pdf - 192KB)
Shariah Adviser (pdf - 112KB)
Salient Terms of Trust Deed (pdf - 136KB)

Related Party Transactions

(pdf - 212KB)
Conflict of Interest (pdf - 164KB)
Financial Information (pdf - 1.42MB)
Profit and Cash Flow Estimate and Forecast (pdf - 639KB)
Accountants' Report (pdf - 3.10MB)
Traffic Consultants' Report (pdf - 339KB)
Valuation Letter in Relation to the Pre-IPO Acquisition (pdf - 205KB)
Additional Information (pdf - 319KB)
Procedures of Application (pdf - 356KB)
Annexure A (I) (pdf - 239KB)
Annexure A (II) (pdf - 301KB)
Annexure A (III) (pdf - 449KB)
Annexure A (IV) (pdf - 319KB)
Annexure B (pdf - 130KB)
Annexure C (pdf - 311KB)
Annexure D (pdf - 329KB)
Annexure E (pdf - 119KB)
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