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161-180 of 1106
which IPO will win? guess?
jlim70 ( Date: 19-Apr-2018 19:02) Posted:
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https://singapore-ipos.blogspot.hk/search?q=SLB
Accordingly to Mr IPO, it should trade between 27 to 33 cents.
Any predictions on the trading price of SLB IPO' s tomorrow??!
Market sentiment seems had improved greatly this few days compared to last month. STI index is now 3598 -3600 compared to last month STI' s 3370-3400
Market sentiment seems had improved greatly this few days compared to last month. STI index is now 3598 -3600 compared to last month STI' s 3370-3400
any view on the 2 IPOs tml?
Thank you
teeth53 ( Date: 16-Apr-2018 07:55) Posted:
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Yes. Cannot apply or subscribe from any ATM machine.
The placement share is usually n easily over subscribe, provided by the ipo managing mgr n is agents.
Placement of share goes by submitting (over subscribe) share by each individual regardless of how many million of share one can apply n the ipo mgr will allocate (less) accordingly.
The placement share is usually n easily over subscribe, provided by the ipo managing mgr n is agents.
Placement of share goes by submitting (over subscribe) share by each individual regardless of how many million of share one can apply n the ipo mgr will allocate (less) accordingly.
dspatrick ( Date: 15-Apr-2018 10:05) Posted:
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what is the meaning of no public tranche, If it means tbat can not be subscibed from ATM manchines
teeth53 ( Date: 13-Apr-2018 11:07) Posted:
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Asian Healthcare Specialists (AHS)
A group of five doctors offering orthopaedic, trauma and sports services - is aiming for a listing on the Singapore Exchange's Catalist board.
It is placing out 46.9 million new shares at 23 cents apiece in an initial public offering (IPO) that aims to raise around $9.5 million in net proceeds.
There is no public tranche and trading starts next Friday.
AHS will have a market cap of $66.7 million on listing.
The group's medical specialists perform knee and hip replacements, sports medicine, spinal, foot and ankle surgery and minimally invasive orthopaedic procedures under the brand The Orthopaedic Centre.
AHS made a net profit of $438,000 in the 12 months to Sept 30, 2017, on revenue of $11 million.
A group of five doctors offering orthopaedic, trauma and sports services - is aiming for a listing on the Singapore Exchange's Catalist board.
It is placing out 46.9 million new shares at 23 cents apiece in an initial public offering (IPO) that aims to raise around $9.5 million in net proceeds.
There is no public tranche and trading starts next Friday.
AHS will have a market cap of $66.7 million on listing.
The group's medical specialists perform knee and hip replacements, sports medicine, spinal, foot and ankle surgery and minimally invasive orthopaedic procedures under the brand The Orthopaedic Centre.
AHS made a net profit of $438,000 in the 12 months to Sept 30, 2017, on revenue of $11 million.
SLB Development offering 238m shares at 23 cents apiece IPO price values it at $210m
A spin-off from mainboard-listed construction coy Lian Beng Grp is aiming for a Catalist listing.
SLB Development is offering 238 million shares at 23 cents each.
Offering 230 million on placement n eight million public shares raising gross proceeds of $54.7 million.
Its initial public offering (IPO) price would value the firm at $210 million, it announced yesterday.
Lian Beng Group will retain 73.93 per cent of SLB, which is now a wholly owned unit.
The listing is expected to raise net proceeds of $51.4 million with 32.9% of gross proceeds going towards replacing its land bank and overseas expansion. A further 33.6% is earmarked for funding development projects already in the pipeline and general working capital purposes. The balance will go towards repaying a bridging loan and listing expenses.
SLB executive director and chief executive Matthew Ong said SLB' s portfolio comprises 5-residential and mixed-use developments such as Spottiswoode Suites and KAP & KAP Residences. It also has 3-industrial property developments, including Eco-Tech@Sunview and Mandai Foodlink, and the Hexacube freehold commercial project here. Its projects to be launched for sale in the second half of this year include three residential sites - Serangoon Ville, Rio Casa and Lorong 24 Geylang - and industrial projects Khong Guan Industrial Building and 50 Lorong 21 Geylang.
It also owns a stake in a mixed-use property development project in China' s Hebei province.
Its ongoing and pipeline projects amount to a gross development value of about $892 million.
Mr Ong said the spin-off was necessary for reasons of identity. Parent Lian Beng, which was established in 1973 and listed in 1999, went into property development in 2000. " Over the last 10 years, the development business has actually grown, so mgt feels it' s time to stand on our own, considering that we' ve done decently in terms of our performance in the last 3-years," he said.
As a developer, SLB' s cash flow and capital needs differ from that of Lian Beng' s other businesses, said Mr Ong Hwee Li, chief executive of SAC Capital, the sponsor and underwriter for the invitation.
The S in SLB' s name stands for Sing, or " new" in Mandarin.
After the spin-off, Lian Beng will continue with its other businesses in areas such as construction and building materials services and worker accommodation.
SLB' s revenue last year it had a net profit of $15.8 million.
SLB had a net profit of $15.8 million last year and revenue of $87.6 million. Mr Matthew Ong said SLB' s portfolio is " a little over-concentrated in residential" and will balance it out with industrial and commercial projects. SLB also intends to venture into hospitality developments and source for projects in the Asia-Pacific, Western Europe and North America. China' s key gateway cities will be a focus as well.
IPO closes at noon on April 18 with trading expected to start on April 20.
PUBLIC OFFER RESULT. No balloting, Just like placement as allocation for 1:1 ratio.
Range applied for Allotment Ratio Number of Units. Allocated per Successful Applicant in % n Number of Units available under the Public Offer. Number of Successful Applicants - 2,832
1,000 to 4,900 1:1 1,000 5.3% 735
5,000 to 9,900 1:1 2,000 7.6% 524
10,000 to 19,900 1:1 4,000 23.2% 798
20,000 to 49,900 1:1 8,000 27.7% 476
50,000 to 99,900 1:1 13,000 16.9 % 179
100,000 to 199,900 1:1 20,000 14.8% 102
200,000 to 499,900 1:1 30,000 2.8 % 13
500,000 to 999,900 1:1 40,000 1.2% 4
1,000,000 and above 1:1 50,000 0.4% 1
Range applied for Allotment Ratio Number of Units. Allocated per Successful Applicant in % n Number of Units available under the Public Offer. Number of Successful Applicants - 2,832
1,000 to 4,900 1:1 1,000 5.3% 735
5,000 to 9,900 1:1 2,000 7.6% 524
10,000 to 19,900 1:1 4,000 23.2% 798
20,000 to 49,900 1:1 8,000 27.7% 476
50,000 to 99,900 1:1 13,000 16.9 % 179
100,000 to 199,900 1:1 20,000 14.8% 102
200,000 to 499,900 1:1 30,000 2.8 % 13
500,000 to 999,900 1:1 40,000 1.2% 4
1,000,000 and above 1:1 50,000 0.4% 1
teeth53 ( Date: 27-Mar-2018 23:16) Posted:
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Board of directors of the Mgr is pleased to announced
Placement Tranche of 252,812,500 Units resulted being oversubscribed. As at the close of Public Offer.
There were 2,832 valid applications for 51,433,900 Units. Based on the 13,750,000 Units available to the public for subscription. Public Offer was approximately 3.74 times subscribed.
DBS Bank Ltd. (the &ldquo Stabilising Mgr&rdquo ), on behalf of the Joint Bookrunners, has over-allotted an additional 32,000,000 Units, all of which were allocated to applicants under the Placement Tranche.
Placement Tranche of 252,812,500 Units resulted being oversubscribed. As at the close of Public Offer.
There were 2,832 valid applications for 51,433,900 Units. Based on the 13,750,000 Units available to the public for subscription. Public Offer was approximately 3.74 times subscribed.
DBS Bank Ltd. (the &ldquo Stabilising Mgr&rdquo ), on behalf of the Joint Bookrunners, has over-allotted an additional 32,000,000 Units, all of which were allocated to applicants under the Placement Tranche.
teeth53 ( Date: 26-Mar-2018 11:56) Posted:
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Distribution will be made on or before 30 Sep 2018 and will be on a semi-annual basis thereafter.
Demand from book building was season hot as first mall REIT, yield was set original@7%, were eventually moved to 7.5% after initial book building.
Cornerstone Investors interest.
Cornerstone investors subscribed for 228,437,500 million share (separate from this offering) and will own 19.4%. Well known names, cornerstone investors include JD.com, and CKK Holdings (owner of Charles & Keith group).
Note -- CKK Holdings is local popular established brand name (CK were setup by two brothers) here in S'pore, with more than 500 stores world wide currently. They also owned Pedro brand with 105 stores in n around Asia Pacific.
The Sponsor will to hold@least 50% of the Mall REIT, showing an alignment of longer term interest. Public will hold 25.3 % after IPO in this REIT.
teeth53 wishes - Happi IPO-ing n investing for all that going for reasonable long term yield.
Demand from book building was season hot as first mall REIT, yield was set original@7%, were eventually moved to 7.5% after initial book building.
Cornerstone Investors interest.
Cornerstone investors subscribed for 228,437,500 million share (separate from this offering) and will own 19.4%. Well known names, cornerstone investors include JD.com, and CKK Holdings (owner of Charles & Keith group).
Note -- CKK Holdings is local popular established brand name (CK were setup by two brothers) here in S'pore, with more than 500 stores world wide currently. They also owned Pedro brand with 105 stores in n around Asia Pacific.
The Sponsor will to hold@least 50% of the Mall REIT, showing an alignment of longer term interest. Public will hold 25.3 % after IPO in this REIT.
teeth53 wishes - Happi IPO-ing n investing for all that going for reasonable long term yield.
teeth53 ( Date: 22-Mar-2018 08:55) Posted:
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Sasseur REIT launches IPO for $396m
Sasseur REIT launched a $396m initial public offering (IPO) with a market capitalisation of $944.2m. It is poised to be first outlet mall REIT to be listed in Asia,
According to an announcement, it is offering of 266,562,500 units, including 13,750,000 units for the public offer at a price of 80 cents. This currently the biggest IPO listing in the Singapore Exchange so far this year, Thomson Reuters data revealed.
REIT said 12 cornerstone investors committed to subscribe for approximately 46.1% of the gross proceeds. Some of the investors comprise JD.com?s subsidiary Adroit Ideology Limited, Bangkok Life Assurance Pcl., CKK Holdings Pte. Ltd., Credit Suisse, DBS Bank, n DBS Vickers Securities (S) Pte. Ltd.
Sasseur REIT chairman and non-executive director Xu Rongcan said, ?This attests to Sasseur REIT?s unique investment proposition which offers investors the opportunity to benefit from the strong growth potential in the fast-growing outlet mall industry driven by the growing consumption power of the expanding middle-class population in the People?s Republic of China (PRC).?
Sasseur REIT has an initial portfolio comprising four properties across three cities in the PRC: Sasseur (Chongqing) Outlets and Sasseur (Bishan) Outlets in Chongqing City, Sasseur (Hefei) Outlets in Hefei City, Anhui Province, and Sasseur (Kunming) Outlets in Kunming City, Yunnan Province. These have a Net Lettable Area (NLA) of approximately 304,573.1 sqm and an appraised value of $1.5b.
The REIT expects annualised distribution yield of 7.5% in 2018 and 7.8% in 2019.
Offer opens@8 p.m. on Wed, 21 March 2018 and closes@12 noon on Monday, 26 March 2018.
Trading is expexted go start on March 28, at 9 am.
Sasseur REIT launched a $396m initial public offering (IPO) with a market capitalisation of $944.2m. It is poised to be first outlet mall REIT to be listed in Asia,
According to an announcement, it is offering of 266,562,500 units, including 13,750,000 units for the public offer at a price of 80 cents. This currently the biggest IPO listing in the Singapore Exchange so far this year, Thomson Reuters data revealed.
REIT said 12 cornerstone investors committed to subscribe for approximately 46.1% of the gross proceeds. Some of the investors comprise JD.com?s subsidiary Adroit Ideology Limited, Bangkok Life Assurance Pcl., CKK Holdings Pte. Ltd., Credit Suisse, DBS Bank, n DBS Vickers Securities (S) Pte. Ltd.
Sasseur REIT chairman and non-executive director Xu Rongcan said, ?This attests to Sasseur REIT?s unique investment proposition which offers investors the opportunity to benefit from the strong growth potential in the fast-growing outlet mall industry driven by the growing consumption power of the expanding middle-class population in the People?s Republic of China (PRC).?
Sasseur REIT has an initial portfolio comprising four properties across three cities in the PRC: Sasseur (Chongqing) Outlets and Sasseur (Bishan) Outlets in Chongqing City, Sasseur (Hefei) Outlets in Hefei City, Anhui Province, and Sasseur (Kunming) Outlets in Kunming City, Yunnan Province. These have a Net Lettable Area (NLA) of approximately 304,573.1 sqm and an appraised value of $1.5b.
The REIT expects annualised distribution yield of 7.5% in 2018 and 7.8% in 2019.
Offer opens@8 p.m. on Wed, 21 March 2018 and closes@12 noon on Monday, 26 March 2018.
Trading is expexted go start on March 28, at 9 am.
reading thru the company background then u will understand why they die die want to list on catalist after the failed reversed takeover plan.
the bonds they issued 4 years ago was already due in Jan 2018, and the 2nd batch' s maturity date is Jul 2018. The ' repayment of loan' is actually to repay only the interest incurred, while the bonds are converted to pre-ipo shares, at the effective cost of 0.17 per share, but the IPO is priced at 0.26.
what' s more rediculous is pre-ipo loans at 8% interest rate they obtained from all the interested parties last september, after failing to reverse takeover starland, are converted to pre-ipo shares at 33% discount.
the bonds they issued 4 years ago was already due in Jan 2018, and the 2nd batch' s maturity date is Jul 2018. The ' repayment of loan' is actually to repay only the interest incurred, while the bonds are converted to pre-ipo shares, at the effective cost of 0.17 per share, but the IPO is priced at 0.26.
what' s more rediculous is pre-ipo loans at 8% interest rate they obtained from all the interested parties last september, after failing to reverse takeover starland, are converted to pre-ipo shares at 33% discount.
Do your own Due Diligence.
The Prospectus indicates half the proceeds will go to repaying loans.
Look at the Controlling and Substantial Shareholder.
Look at their proceeds and is it enough to cover their expansion as it has been generating negatvie operating cashflows
The Prospectus indicates half the proceeds will go to repaying loans.
Look at the Controlling and Substantial Shareholder.
Look at their proceeds and is it enough to cover their expansion as it has been generating negatvie operating cashflows
Stephenchow ( Date: 17-Mar-2018 20:14) Posted:
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Ayondo Limited (?Ayondo? or the "Company" or the ?Group?) is offering 80.77m shared for a listing on Catalist board.
Offering 8.9m shares to the public and the balance 71.9m shares via placement.
IPO price@$0.26 cents and that translate into a market cap of $130.7 million.
The offer will close on 22 March at 12pm and starts trading is expected to start on 26 March 2018 at 9am.
Offering 8.9m shares to the public and the balance 71.9m shares via placement.
IPO price@$0.26 cents and that translate into a market cap of $130.7 million.
The offer will close on 22 March at 12pm and starts trading is expected to start on 26 March 2018 at 9am.
teeth53 ( Date: 17-Mar-2018 08:48) Posted:
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I will give it a miss
Will it be another yuuzoo???
Stephenchow ( Date: 17-Mar-2018 20:14) Posted:
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Can buy or not?
Ayondo is all set to get listed on the Singapore Exchange's (SGX) Catalist board - the bourse operator's secondary board - on Mar 26.
It will be the first fintech firm to list on the SGX.
The company is trying to transform the brokering industry by providing a social trading platform, where users can copy the trading strategies of top traders who are trading on the Ayondo platform.
This Germany-based start-up will issue more than 80 million shares, with 8.9 million as offer shares and 71.8 million as placement shares.
Shares will be issued at S$0.26 and the total number of shares post-Initial Public Offering (IPO) will be at 502.7 million shares, valuing the fintech company at S$130.7 million.
Its IPO is expected to generate gross proceeds of about S$21 million, about 40% of which will be used for loan repayment and 35% for business expansion.
Read more at https://www.channelnewsasia.com/news/singapore/ayondo-headed-for-singapore-listing-on-mar-26-first-fintech-10049802
It will be the first fintech firm to list on the SGX.
The company is trying to transform the brokering industry by providing a social trading platform, where users can copy the trading strategies of top traders who are trading on the Ayondo platform.
This Germany-based start-up will issue more than 80 million shares, with 8.9 million as offer shares and 71.8 million as placement shares.
Shares will be issued at S$0.26 and the total number of shares post-Initial Public Offering (IPO) will be at 502.7 million shares, valuing the fintech company at S$130.7 million.
Its IPO is expected to generate gross proceeds of about S$21 million, about 40% of which will be used for loan repayment and 35% for business expansion.
Read more at https://www.channelnewsasia.com/news/singapore/ayondo-headed-for-singapore-listing-on-mar-26-first-fintech-10049802