MOL Announces Pricing Of Initial Public Offering on NASDAQ; 13.5M ADS Shares At $12.50 Per ADS

MOL Global Inc. MOLG ("MOL" or the "Company"), a leading e-payment enabler for online goods and services, today announced the pricing of (i) its initial public offering of 13,500,000 American depositary shares ("ADSs"), consisting of 7,485,030 ADSs offered by the Company and 6,014,970 ADSs offered by certain selling shareholders of the Company (the "Selling Shareholders"), in each case at the price to the public of US$12.50 per ADS. Each ADS represents one ordinary share of the Company. The ADSs are expected to begin trading on the NASDAQ Global Market on October 9, 2014 under the symbol "MOLG." The offering is expected to close on or about October 15, 2014, subject to the satisfaction of customary closing conditions. MOL.com Sdn. Bhd. has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an additional 2,025,000 ADSs at the initial public offering price to cover over-allotments, if any. The total offering size before any over-allotment will be approximately US$168.8 million, of which the offering gross proceeds to the Company will be approximately US$93.6 million. The Company will not receive any proceeds from the sale of the ADSs by the Selling Shareholders. Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and UBS Securities LLC are serving as joint book runners, and CIMB Securities (Singapore) Pte Ltd is serving as a co-managing underwriter, for the offering. MOL's registration statement relating to the offering has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering of the securities is made only by means of a prospectus forming a part of the effective registration statement. A copy of the prospectus relating to the initial public offering may be obtained by contacting (1) Citigroup Global Markets Inc. toll-free at 1-800-831-9146, (2) Deutsche Bank Securities Inc. toll-free at 1-800-503-4611 or (3) UBS Securities LLC toll-free at 1-877-827-6444. Calling these numbers is not toll free outside the United States.