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421-440 of 1106
Pre-opening 0.35 - 0.38 cents...Huat argh. :))
O& G - SUBSTANTIAL APPLICATIONS
In addition, to the best of the knowledge and belief of the Sponsor, Issue Manager, Underwriter and Placement Agent, the following persons have applied for and have been allotted 5% or more of the New Shares:
|
Name of Holder |
Number of New Shares Allotted |
Circumstances Giving Rise to the Allotment |
|
Havenport Asset Management Pte Ltd (1) |
7,000,000 |
Allotted under the Placement |
O& G -- ALLOTMENT OF PLACEMENT SHARES
The spread of placees for the 41,380,000 Placement Shares is as follows:&ndash
|
Range of Placement Shares Applied for |
Number of Placees |
|
(&rsquo 000) |
|
|
1 to 9 |
100 |
|
10 to 49 |
52 |
|
50 to 99 |
31 |
|
100 to 499 |
74 |
|
500 to 999 |
9 |
|
1,000 and above |
10 |
|
Total |
276 |
O& G' s balloting Result.
|
Range of Offer Shares Applied for |
Balloting Ratio |
Number of Offer Shares Allotted per Successful Applicant |
Percentage of Total Number of Offer Shares Available to the Public |
Number of Successful Applicants |
|||
|
(&rsquo 000) |
(&rsquo 000) |
(%) |
|||||
|
1 |
15:99 |
1 |
1.08 |
24 |
|||
|
2 to 9 |
9:99 |
2 |
6.76 |
75 |
|||
|
10 to 49 |
7:99 |
3 |
29.46 |
218 |
|||
|
50 to 99 |
6:99 |
5 |
13.74 |
61 |
|||
|
100 to 499 |
5:99 |
7 |
34.05 |
108 |
|||
|
500 to 999 |
4:99 |
17 |
8.42 |
11 |
|||
|
1,000 and above |
3:99 |
24 |
6.49 |
6 |
|||
|
100.00 |
503 |
||||||
SINGAPORE O&G LTD. (the ?Company?) is pleased to announce that, as at the close of the Application List on 2 June 2015 at 12:00 noon, there were 7,680 valid applications for the 2,200,000 Offer Shares available to the public for subscription.
In total, these applicants applied for an aggregate of 730,833,000 Offer Shares, with application monies received amounting to approximately S$182.7 million.
Of the applications received for 41,400,000 Placement Shares, applications for 20,000 Placement Shares were rejected due to multiple applications. These Placement Shares for which applications were rejected were therefore made available to satisfy excess applications for the Offer Shares.
Accordingly, the total number of Offer Shares available to the public for subscription was 2,220,000 Offer Shares.
The remaining 41,380,000 Placement Shares have been validly subscribed for, with application monies received for these Placement Shares amounting to approximately S$10.3 million.
Based on the Invitation size of 43,600,000 New Shares and total valid applications received for 772,213,000 New Shares (comprising valid applications received for 730,833,000 Offer Shares and 41,380,000 Placement Shares excluding the New Shares validly subscribed for by connected persons and the persons in Rule 424 and Rule 428 of the Listing Manual (the ?Rule 424 and Rule 428?).
The Invitation was approximately 17.7 times subscribed
In total, these applicants applied for an aggregate of 730,833,000 Offer Shares, with application monies received amounting to approximately S$182.7 million.
Of the applications received for 41,400,000 Placement Shares, applications for 20,000 Placement Shares were rejected due to multiple applications. These Placement Shares for which applications were rejected were therefore made available to satisfy excess applications for the Offer Shares.
Accordingly, the total number of Offer Shares available to the public for subscription was 2,220,000 Offer Shares.
The remaining 41,380,000 Placement Shares have been validly subscribed for, with application monies received for these Placement Shares amounting to approximately S$10.3 million.
Based on the Invitation size of 43,600,000 New Shares and total valid applications received for 772,213,000 New Shares (comprising valid applications received for 730,833,000 Offer Shares and 41,380,000 Placement Shares excluding the New Shares validly subscribed for by connected persons and the persons in Rule 424 and Rule 428 of the Listing Manual (the ?Rule 424 and Rule 428?).
The Invitation was approximately 17.7 times subscribed
I think this one can gamble a little on opennig bell.
so fast!
skbeng ( Date: 03-Jun-2015 17:05) Posted:
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Apply 101 lot, all money refunded to me. fish man.
Singapore O& G' s IPO offering, closing today. Tues - 12 noon on 2 June 2015
teeth53 ( Date: 01-Jun-2015 19:27) Posted:
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http://thefinance.sg/2015/05/28/ipo-singapore-og-limited/
O& G' s start trading on 4th June Thursday. Time - 9 AM.
Singapore O& G Limited - Note on a forcast on blogger site.
At an IPO price of 25 cents and 1.95 cents earnings per share, its only selling for 13 times earnings! Which may look like a real bargains! I expect such a small cap healthcare play to eventually trade at a range of perhap at 15 to 25 times earnings, meaning a huge upside potential for those lucky share owners.
http://thefinance.sg/2015/05/28/ipo-singapore-og-limited/
101 lots - just in case.
This' s the Norm is 1 lot, 2 - 9 lots, 10 - 99 lots, 100 - 499 lots, 500 - 999 lots n anything more 1,000 lots.
(In case, 1- 10 lots. 11 - 100 lots), 101 - 500 lots, 501 - 1,000 lots n last n not the least 1001 lots or more.
Why apply 101,000 and not 100,000 shares?
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/927-2015/10052-singapore-o-g-s-ipo-why-i-m-applying-for-shares
Generally like what I see in the prospectus and outlook.
The thing that I am still considering is given the low public float they are offering, everyone might get only a tiny slice of the company. That' s what happened with the Starburst IPO for instance, where the IPO was over-subscribed by more than 9x and those who bidded for 100 lots only managed to get 5 lots.
I think the share price would do well on its first day of trading and in the years to come. I have made an application bid of 101,000 shares for the IPO. Will update the outcome of the application.
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/927-2015/10052-singapore-o-g-s-ipo-why-i-m-applying-for-shares
A FELLOW BLOOGER, Richard from Invest Openly, highlighted the upcoming healthcare IPO of Singapore O& G which will be listed on Catalist. Many people are comparing this against Raffles Medical which is now trading at around 30x PER. For me, I' d see this more of a proxy to Cordlife, since Singapore O& G is in the gynaecology industry.
A total of 43.6 millions of shares were offered of which only 2.2 millions are for the public, which translates into about $550K in absolute value. In my opinion, this is way too little and they probably want to get long term institutional investors to come in while leaving little to the public.
I took a quick look at the prospectus and developed the following thoughts........
KepoChicken ( Date: 27-May-2015 08:29) Posted:
|
O& G' s had 8 clinics. " 100% ownership of their respective companies" into the shares of the holding Company and proceed to list as a holding Company.
O& G will lookout to acquire new clinics in Singapore and across the region. It move to an acquisition model once its shares are trading at attractive valuation, the shares will then becomes a powerful movement for acquisition and the key is in timing execution of acquisition.
The like of Q& M Dental have executed very well and share price have reflected as such, O& G also have a tight agreement among the initial shareholders not to sell out their shares for years to come and it allows the founders to execute of the mid to long term business strategy.
O& G' s intends to distribute up to 90% of its net profit as dividends for FY2015. That translate into 7.3% based on historical FY2014 earnings and could potentially be higher if the EPS continues to improve in FY2015. Based on the EPS of 1.95 cents, the company is listing at a valuation of 12.8x PE.
Listed peers (others) healthcare sector are currently trading at very high valuations. Q& M Dental is trading at about 60x PER and Raffles Medical at more than 30 times. Healthway Med is more reasonable at valuation of 14 times it Price Earning Ratio (PER).
Used EPS of 1.95c and a PE Ratio of 14-15x, fair value of O& G should be about 30 cents. Even at 20x it PE Ratio, O& G' s is worth about 39c. It' s understood - placement shr was hot and have been taken up by many doctor friends n retated party.
teeth53 ( Date: 28-May-2015 20:31) Posted:
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This O& G is worthy to STAG...then it is n ot easy to get, Ur choice, prepare to loss two dollars.
teeth53 ( Date: 28-May-2015 20:18) Posted:
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O& G ltd...offering @0.25c worth a STAG...due to it limited umbers of shares for distribution to players.
sigh... another share let ppl wack below 0.20 soon
teeth53 ( Date: 27-May-2015 08:24) Posted:
|
COMPANIES & MARKETS > STORY3
MAY 27, 20155:50 AM
HEALTHCARE firm Singapore O&G (SOG) has launched its initial public offering (IPO) for a listing on the Catalist board of Singapore Exchange at 25 Singapore cents per share.
This values the group at S$54.5 million post-IPO.
Of the 43.6 million new shares comprising:
(a) 2,200,000 offer shares at $0.25c each by way of public offer and
(b)41,400,00 placement shares at $0.25c each by way of placement.
Offer open from 6pm on 26 May 2015, to 12pm on 2 June 2015.
MAY 27, 20155:50 AM
HEALTHCARE firm Singapore O&G (SOG) has launched its initial public offering (IPO) for a listing on the Catalist board of Singapore Exchange at 25 Singapore cents per share.
This values the group at S$54.5 million post-IPO.
Of the 43.6 million new shares comprising:
(a) 2,200,000 offer shares at $0.25c each by way of public offer and
(b)41,400,00 placement shares at $0.25c each by way of placement.
Offer open from 6pm on 26 May 2015, to 12pm on 2 June 2015.
Nickel Mines aims for SGX-Catalist debut
https://insider.thomsonreuters.com/link.html?cn=share& cid=1423218& shareToken=MzU0Mzk6NGYxZDExNjUtOGVmNy00OTk3LTk3NGUtYzU3ZDdlOTA0M2Y4& playerName=ReutersNews
Description: Justin Werner, managing director at Nickel Mines, says factors such as access to large amounts of capital make the Singapore Exchange' s Catalist board an ideal place for listing.
Source: CNBC