Back

Latest Forum Topics / IPO

Post Reply

IPO-ing. what U should look out for... Post Reply Rate topic
teeth53 Supreme	12-Nov-2016 10:13        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Nov 10, 2016 - Indonesia's Sinar Mas Group, the Widjaja family's energy-to-banking conglomerate, is planning to list power assets in an initial public offering (IPO) of up to US$800 million (S$1.13 billion) in Singapore, in what could be the country's biggest IPO in four years, The group is planning to bundle the assets into a business trust and launch the IPO in the first half of 2017, quoting people familiar with the matter. Sinar Mas and bankers have already begun sounding out to investors.
Useful To Me  Not Useful To Me
teeth53 Supreme	26-Oct-2016 07:43        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Shares offered at 27 cents each via placement ahead of Catalist listing A group of surgeons offering procedures such as colonoscopies and gastroscopies in heartland locations has launched an initial public offering (IPO) ahead of a listing on the Singapore Exchange' s Catalist board. HC Surgical Specialists is offering 30 million new shares at 27 cents a share via a placement that aims to raise around $6.15 million in net proceeds. There is no public tranche, but members of the public can apply for shares via their brokers. The placement will close at noon next Tuesday, and trading is expected to commence next Thursday. At 27 cents a share and a post-IPO share capital of 146 million, HC Surgical Specialists will have a $39.5 million market capitalisation upon listing.
Useful To Me  Not Useful To Me
teeth53 Supreme	14-Oct-2016 07:37        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	FULLERTON Healthcare Corp, the medical service provider initial public offering (IPO), is facing delays to the share sale after regulators received complaints. The company is engaging with the regulators and still  hopes to complete the IPO, according to one of the people. It hasn' t yet set a new timeline, the people said. Fullerton Healthcare was planning to price the offering this week at S$1.52 a share, the bottom end of a marketed range, to raise S$213 million, the people said. It was slated to finish taking orders from institutional investors on Oct 7. The company had targeted to open the offering to individual investors from Oct 10 to Oct 13 and begin trading Oct 17, the terms showed. The public can submit comments on IPO prospectuses filed with the Monetary Authority of Singapore (MAS), which will review the statements. Under the Singapore listing process, the MAS will normally register the prospectus, allow the offering to go ahead, within seven to 21 days of lodgement. Fullerton Healthcare submitted its prospectus on Sept 28, according to the regulator' s website. " In assessing any company' s suitability for listing, SGX considers a full range of factors including the company' s business model, the structure of the business, and the character and integrity of members of its board and senior management," the exchange operator said in an e-mailed statement, adding it can' t comment on the progress of any specific listing application. A representative for Fullerton Healthcare declined to comment. Fullerton Healthcare plans to  use about half the  share sale proceeds for acquisitions, while the rest will go toward expansion into China, according to a prospectus lodged. The company, which has more than 190 medical centres across five countries, plans to grow in China by partnering with Singapore sovereign fund GIC Pte Ltd and Citic Ltd, China' s biggest conglomerate. JPMorgan Chase & Co and UBS Group AG are joint global coordinators of the offering. SOURCE - BLOOMBERG
Useful To Me  Not Useful To Me
teeth53 Supreme	10-Oct-2016 19:52        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Oct 10 (Reuters) - An initial public offering (IPO) for  Singapore' s Fullerton Healthcare has priced at the bottom, raising S$213 million ($155 million), IFR  reported, citing two sources close to the deal.  The IPO was priced at S$1.52 a share compared with the  indicative range of S$1.52 - $1.93.  The IPO comprised a base offer of 140.3 million shares -  roughly two thirds of which were new and a third of which were  shares sold by existing shareholders.  There is a greenshoe option of 18.5 million. Excluding the  greenshoe, 18.9 percent of the company will be listed.  JPMorgan and UBS are the joint global coordinators and are  also the bookrunners with Credit Suisse. Singapore IPO activity marked a 17-year low last year with  just $430 million worth of deals. This year has brought some relief with a $519 million  listing of Manulife US Real Estate Investment Trust  and a $666 million listing for Frasers Logistics and Industrial  Trust.   ($1 = 1.3735 Singapore dollars)
Useful To Me  Not Useful To Me
teeth53 Supreme	19-Aug-2016 07:28        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Anti-corrosion coating firm AGV Group is offering initial public offering and listing on the S' pore Exchange' s (SGX) Catalist board. It is offering 26.92 million shares at 22 cents a share via a placement, raising about $4.3 mil in net proceeds. Placement will close at 12 noon next Wednesday, The listing and share trading expected to start at 9am next Friday. No shares are being offered to the public in the IPO. AGV is 1 of the only 5-companies here specialise in hot-dip galvanising, a zinc-coating process, renders iron or steel resistant to corrosion for 20 to 50 yrs In S' pore, application on hot-dip galvanising can be found " everywhere" , co-founder and chief executive Albert Ang said. " It' s used to coat steel works for HDB linkways and lifts, for lamp posts and drain covers by the road... just to name a few. It is more sustainable than traditional methods such as painting," he said yesterday. One of AGV' s recent big projects was to coat the 34km fencing surrounding Changi Airport, he added. " I believe we have around one-third of Singapore' s market share. Currently, around 70% of our business is in the public works." AGV - founded in 2012 by Mr Ang and his brother James - saw revenue grow from $15.3 million in 2013 to $18.8 million last year. Net profit rose from $1.4 million to $2.2 million in the same period. Company' s prospects is citing major infrastructure projects in S' pore and M' sia as an opportunities to shine. Including Rapid, Petronas' plan to build a petrochemical complex in Johor, and phase 2 works of S' pore' s deep tunnel sewerage system. AGV has a plant here and about 150 staff. It has a 36% stake in a holding firm owning 51%, an associate hot-dip galvanising business in Johor. One of the key goals for AGV' s listing is to raise funds to fully acquire the holding firm, Mr Ang said. AGV' s listing followed the debut of Wong Fong Industries on the Catalist last mth, and China JinJiang Environment on the mainboard this mth. SGX has seen a healthier IPO pipeline this year, 14 primary listings since started this year, compared with 13 listings for whole of last yr.
Useful To Me  Not Useful To Me
teeth53 Supreme	03-Aug-2016 18:06        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	China Jinjiang closed at $0.900 cents a piece. Volume of 7,741,300 Buyers Volume - 220,000 $0.900 0.905 Sellers Volume - 78,800 teeth53      ( Date: 03-Aug-2016 14:12) Posted: Trading at 2 pm....watch out every one got on ratio of 1:1. Even  400 applied...all allotted. IPO BBs is [email protected] cents, it opening was 0.885 cents a piece. For more details - See more detials in SGX. http://infopub.sgx.com/FileOpen/CJEHCL_Balloting_Results.ashx?App=Announcement& FileID=415402
Useful To Me  Not Useful To Me
teeth53 Supreme	03-Aug-2016 14:12        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Trading at 2 pm....watch out every one got on ratio of 1:1. Even  400 applied...all allotted. IPO BBs is [email protected] cents, it opening was 0.885 cents a piece. For more details - See more detials in SGX. http://infopub.sgx.com/FileOpen/CJEHCL_Balloting_Results.ashx?App=Announcement& FileID=415402
Useful To Me  Not Useful To Me
teeth53 Supreme	27-Jul-2016 08:35        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	China Jinjiang's IPO has a public tranche of 4.6 million shares at 90 cents each A waste-to-energy operator in China has unveiled its initial public offering (IPO) China Jinjiang Environment has entered into agreements with cornerstone investors to take up 112.4 million shares separately from the IPO. These include Zhejiang United Investment (HK), HFI International (HK) and CHINT Hong Kong American Investment. The firm hopes to raise net proceeds of $173 million if the over-allotment option is not exercised, and up to $185.1 million if it is activated. China Jinjiang Environment plans to use some of the funds to acquire Zhejiang Zhuji Bafang Thermal Power Company and Wenling Green New Energy Company. The proceeds have also been earmarked for upgrading work at its facilities, for working capital and to repay borrowings. The company operates 16 waste-to-energy facilities in China with a total waste-treatment capacity of 22,830 tonnes per day. An additional four facilities are under construction while 12 are in the preparatory stage. Since 2014, the company has been providing energy management contracting services to firms in the metallurgical, chemical and power-generation industries. China Jinjiang Environment achieved a total revenue of 1.64 billion yuan in 2013, 1.43 billion yuan in 2014 and 1.58 billion yuan (S$321 million) in 2015. The company registered a gross profit margin of 35.7 per cent in the 2013 financial year, 48.9 per cent in 2014 and 47 per cent in 2015. Ms Wang Yuanluo, executive chairman and chief executive officer of China Jinjiang Environment, said: "We believe that a listing on the SGX will further enhance our brand image and recognition, and provide us with a platform to expand our business internationally, especially with a focus on Southeast Asia." The public offer closes at noon on Aug 1, with trading expected to start on Aug 3.
Useful To Me  Not Useful To Me
teeth53 Supreme	26-Jul-2016 09:12        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Katrina Group opening at 0.360 cents a piece or +71.43%. It hit a high of 039 cents this morning one it first day trading.   teeth53      ( Date: 16-Jul-2016 12:24) Posted: SINGAPORE -   Katrina Group Ltd joined list of food-and-beverage companies on the Singapore Exchange (SGX) on Friday by debuting on the Catalist board with 35.8 million new placement shares.  An initial public offering (IPO) price of 21 Singapore cents. The Katrina Group has a market capitalisation of $48.6 mil, and a post-placement share capital of 231.5 mil shares. The grp expects to raise $7.5 mil from IPO, representing 15.4% of its post-invitation share capital. The price earnings ratio is estimated at 9.6 times. Placement of shares will close at noon on July 22, (Friday).    Trading is expected on Catalist board is set to start on (Thursday) July 26.   Hong Leong Finance is the sponsor, issue manager and placement agent of the IPO and the listing on the Catalist board.
Useful To Me  Not Useful To Me
marubozu1688 Master	21-Jul-2016 18:57        marubozu1688 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Be humble in front of Mr. Market."
x 0   x 0  Alert Admin	EC World REIT IPO Time table is out! http://mystocksinvesting.com/singapore-stocks/ec-world-reit/ec-world-reit-ipo-product-highlight-sheets-and-time-table/
Useful To Me  Not Useful To Me
teeth53 Supreme	20-Jul-2016 09:39        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Wong Fong Industries launches IPO on Catalist. Wong Fong Industries, a home-grown provider of land transport engineering solutions and systems, has launched its initial public offering (IPO) on the SGX Exchange, Catalist board. The offering will issue 43 mil new shares at 23 cents each, raising a total of S$8 mil in net proceeds. Placement priced, it PER (ratio) is 7.9 times, based on the group's historical earnings per share of 2.9c for the 2015 financial year. The company's mkt capitalisation stands at about S$54.1 mil. CLICK TO READ MESSAGESJun 26Jul 01Jul 06Jul 11Jul 16Jul 2005001000 Placement will close@12pm,. July 26 (Tues), and shares expected to commence trading@9am on July 28 (Thurs). Wong Fong said it expects to see healthy demand from both the construction and logistics industries in Singapore in the coming years, despite the challenging environment today. This will be spurred in part by the Government's new Automation Support Package, which will see SMEs (small and medium-sized enterprises) make additional investments in equipment to improve productivity. To meet growing demand, about 1/4 of the net proceeds from IPO will go towards expanding and diversifying company's operations and product offerings through investments, mergers and acquisitions (m&a), joint ventures (jv) or strategic collaborations. It also plans to expand its existing facility. Wong Fong has a presence in S'pore, M'sia and China. It counts among its customers govt agencies, as well as multinational companies (MNC) and SMEs (small and medium enterprises) from various industries such as infrastructure development, logistics, waste mgt and defence. The group last year recorded a turnover of S$77.6 million and net profit of S$5.6 million. Its order book stands at around S$42 million as at June 15.
Useful To Me  Not Useful To Me
teeth53 Supreme	19-Jul-2016 22:22        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	http://infopub.sgx.com/FileOpen/Procurri_Ironthrone_Balloting%20Adv.ashx?App=Announcement& FileID=413343 Offering in respect of 68,880,000 New Shares at an Offering Price of $0.56 per New Share comprising: (i) 62,000,000 Placement Shares by way of the Placement and (ii) 6,880,000 Public Offer Shares by way of the Public Offer. Company and the Issue Manager, Bookrunner and Underwriter, are pleased to announce that as at the close of the Public Offer at 12.00 noon (Singapore time) on 18 July 2016, there were 1,796 valid applications for the 6,880,000 Public Offer Shares available to the public for subscription. In total, these applicants applied for 69,643,300 Public Offer Shares, with application monies received amounting to approximately S$39.0 million. The 62,000,000 Placement Shares have been validly subscribed for and application monies received for these Placement Shares amounted to approximately S$34.7 million. Based on the total Offering size of 68,880,000 New Shares and the total valid applications amounting to 131,643,300 New Shares (comprising valid applications received for 69,643,300 Public Offer Shares and 62,000,000 Placement Shares), the Offering is approximately 1.9 times  subscribed. APPLICATION RESULTS FOR THE PUBLIC OFFER To ensure a reasonable spread of Shareholders, the Company, in consultation with the Issue Manager, Bookrunner and Underwriter, has decided on the following basis of allotment for the 6,880,000 Public Offer Shares under the Public Offer: Range of Public Offer Shares applied for Balloting ratio Number of Public Offer Shares allocated per successful applicant Percentage of total number of Public Offer Shares under the Public Offer (%) Number of successful applicants 1,000 to 9,900 27 : 99 1,000-lot 2.1% 145pax  10,000 to 19,900 32 : 99 4,000-lots 8.4% 14pax  20,000 to 49,900 35 : 99 8,000-lots 12.2% 105pax  50,000 to 99,900 45 : 99 12,000-lots 17.8% 102pax  100,000 to 499,900 50 : 99 25,000-lots 49.8% 137pax 500,000 to 999,900 70 : 99 38,000 7.7 14pax  1,000,000 and above 85 : 99 46,000 2.0 3pax
Useful To Me  Not Useful To Me
SKT007 Member	18-Jul-2016 22:47        SKT007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was looking at procurri ipo and personally think the offer price at 56cts at PE 17X is too high (2015 FY $8.8M earning). Declout 2016 Q1 (procurri is still part of it) made a loss of about $4M and stated that was due to finance cost (but only with incremental of about $2M. So it is not clear to me on procurri future earning. Does anyone how existing declout shareholders will get the share of procurri, via share conversion, 100% vendor share sales, book as one-off again in declout book? Estimated each existing declout shareholders will get about 11cts from procurri spin-off...could only explain most of it has been factored in current declout share price otherwise declout share price should have headed north upon procurri ipo approval. Any thoughts?
Useful To Me  Not Useful To Me
Bigmama Elite	18-Jul-2016 22:08        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nope, remiser gave me. Hope to make a little coffee money nngeeh      ( Date: 18-Jul-2016 00:11) Posted: Hi Bigmama, can you share how did you manage to get the placement shares through DBS? Are you using mostly DBS vickers to trade? Did you call your broker to ask for placement shares? Thanks. Bigmama      ( Date: 17-Jul-2016 20:10) Posted: I have some already. 😜 Just checking how will it perform when open
Useful To Me  Not Useful To Me
nngeeh Veteran	18-Jul-2016 00:11        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Bigmama, can you share how did you manage to get the placement shares through DBS? Are you using mostly DBS vickers to trade? Did you call your broker to ask for placement shares? Thanks. Bigmama      ( Date: 17-Jul-2016 20:10) Posted: I have some already. 😜 Just checking how will it perform when open. halleluyah      ( Date: 17-Jul-2016 13:46) Posted: Bigmama or anyone applying fr it?? Will the ipo price b too high??
Useful To Me  Not Useful To Me
Bigmama Elite	17-Jul-2016 20:10        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	I have some already. 😜 Just checking how will it perform when open. halleluyah      ( Date: 17-Jul-2016 13:46) Posted: Bigmama or anyone applying fr it?? Will the ipo price b too high?? Bigmama      ( Date: 16-Jul-2016 23:50) Posted: Thanks for your view.😄
Useful To Me  Not Useful To Me
halleluyah Supreme	17-Jul-2016 13:46        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bigmama or anyone applying fr it?? Will the ipo price b too high?? Bigmama      ( Date: 16-Jul-2016 23:50) Posted: Thanks for your view.😄 samudra      ( Date: 16-Jul-2016 16:19) Posted: procurri should be a good and profitable company. Should be abled to attain 70 cents on listing date
Useful To Me  Not Useful To Me
Bigmama Elite	16-Jul-2016 23:50        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for your view.😄 samudra      ( Date: 16-Jul-2016 16:19) Posted: procurri should be a good and profitable company. Should be abled to attain 70 cents on listing date Bigmama      ( Date: 13-Jul-2016 20:55) Posted: So... Is this good? Any recommendations
Useful To Me  Not Useful To Me
samudra Veteran	16-Jul-2016 16:19        samudra About Contact  Quote this Post!
x 0   x 0  Alert Admin	procurri should be a good and profitable company. Should be abled to attain 70 cents on listing date Bigmama      ( Date: 13-Jul-2016 20:55) Posted: So... Is this good? Any recommendations? teeth53      ( Date: 13-Jul-2016 08:49) Posted: Procurri launched its initial public offering (IPO) for a mainboard listing,  offering 68.88 mii shares. 6.88 mil shares for public subscription@56 cents. Its mkt value at about $156.8 mil.  The IPO aims to raise some $38.6 mil, or $34.6 million in net proceeds.  Procurri - A subsidiary of Catalist-listed DeClout, is an incubator of tech firms. It has 3-major business pillars in secondary segments of data centre industry - i) resale of excess or used data ctr equipment, independent IT hardware maintenance services and disposition of IT assets. The global (data centre) hardware mkt will be US$293 bil (S$396 bil) by 2020, and the maintenance mkt will be US$42 bil.  Hardware resale mkt will be at $34.8 bil and independent maintenance services mkt at US$4.4 bil by 2020. Procurri, with offices in U.S. and Britain Headquarters in S' pore is poised to be the 1st mover.  We so far, the only global platform that can connect company' s. It revenue shot up from $28.4 mil in 2013 to $122.8 mil last year, net profit jumped from $2 mil to $8.8 mil in the same period. Its services' gross profit contribution is about 34% of total. Procurri wants to grow further on its high profit margins of above 50%. He added that a good part of the IPO proceeds will be used to acquire companies and capabilities on this front. Procurri has invested around $42 million in mergers and acquisitions since 2013. The company intends to recommend and distribute 25% of its net profit for the financial years of this year and next year. Listing will be 3rd mainboard IPO this year, following Manulife US Real Estate Investment Trust (Reit) and Frasers Logistics and Ind Trust. It also marks the first successful spin-off for DeClout, which will continue to own 46.5% of Procurri after the IPO. DeClout shares added half a cent or 2.27% to 22.5 cents ahead of the IPO announcement. Offer will close at noon next Monday, with trading expected to start next Wednesday.
Useful To Me  Not Useful To Me
teeth53 Supreme	16-Jul-2016 12:24        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	SINGAPORE -   Katrina Group Ltd joined list of food-and-beverage companies on the Singapore Exchange (SGX) on Friday by debuting on the Catalist board with 35.8 million new placement shares.  An initial public offering (IPO) price of 21 Singapore cents. The Katrina Group has a market capitalisation of $48.6 mil, and a post-placement share capital of 231.5 mil shares. The grp expects to raise $7.5 mil from IPO, representing 15.4% of its post-invitation share capital. The price earnings ratio is estimated at 9.6 times. Placement of shares will close at noon on July 22, (Friday).    Trading is expected on Catalist board is set to start on (Thursday) July 26.   Hong Leong Finance is the sponsor, issue manager and placement agent of the IPO and the listing on the Catalist board.
Useful To Me  Not Useful To Me

                                                         First   < Newer   281-300 of 1106   Older>   Last