Read IPO prospectus that Trans-Cab only buy 3rd party insurance for the fleet of taxi to save money. SHOCKING.
edwinjup ( Date: 17-Nov-2014 20:14) Posted:
|
joke of the year 
Transcab ipo cancel liao....
enjoylife77 ( Date: 17-Nov-2014 11:38) Posted:
|
Anyone applying Trans-Cab 0.68?
Temasek Holdings Own Small Part of Alibaba, Valued at US$32 Billion
In 2011, Temasek Holdings had bought a US$1.6billion stake in Alibaba which was then valued at US$32 billion, with an opportunity  of cash value@$3bil when Alibaba goes public in the United States.
As at Sept 30, 2104. Termasek Holds, owning 25.5 mil Amercian depositary receipts valued at US$2.26 bil (SGD$2.94 bil), making it the largest listed shareholder amassed a 1.03% Alibaba stake.
teeth53 ( Date: 12-Nov-2014 22:19) Posted:
|
Trans-cab+Holdings+Ltd+-+Final+Prospectus+dated+12+November+2014.pdf 2.26 MB
S$0.68 for each Share - Global Offering
168,000,000 Shares which had secured six Cornerstone Investors for 65 million shares, representing 38.7% of global offering, including Eastspring Investments (S' pore), FIL Investment Mgt (Hong Kong), Havenport Asset Mgt, JF Asset Mgt, Lion Global Investors and Maxi - Harvest Group.
The Placement and the Public Offer (subject to the Over-allotment Option) comprising 153,000,000 New Shares and 15,000,000 Vendor Shares.
The 153,000,000 New Shares will, upon allotment and issue, rank pari passu in all respects with our existing issued Shares.
Offering placement: 94.2 million offering shares ,including 6,350,000 Placement Shares reserved for our Independent Directors, employees, business associates and those contributed to success of our Group.
and Public offer: 8.8 million shares
Indicative date/time Event
12 November 2014 Opening of the Offering
Offering close on 18 November 2014, 12.00 noon
Trading expecting on a &ldquo ready&rdquo basis on 20 November 2014, 9.00 a.m.
Singapore's 2nd largest taxi company, Trans-cab Holdings, has launched its initial public offering at S$0.68 per share.
The global offering comprises 168 million shares, representing approximately 25.0% of group's enlarged share capita.
It has secured six cornerstone investors for 65 million shares, representing 38.7% of global offering, including Eastspring Investments (Singapore), FIL Investment Mgt (Hong Kong), Havenport Asset Mgt, JF Asset Mgt, Lion Global Investors and Maxi - Harvest Group.
The global offering also includes a placement of 94.2 million offering shares and public offer of 8.8 million offering shares.
Trans-cab says it intends to use the net proceeds of approximately S$97.8 million to fund the expansion of its taxi fleet from 4,700 to 5,010 taxis by the end of this financial year, and diversification into other transport businesses."We intend to use part of the proceeds from the IPO to diversify into the car leasing business, because it has good growth prospects in Singapore.
We also intend to increase our taxi fleet and this could be done through possible acquisitions of other taxi companies, like what we have done before," said Mr Teo Kiang Ang, the Managing Director of Trans-cab Services.
Public offer open on Nov 13 and will close at noon on Nov 18.
Trading of Trans-cab shares on the main board of the SGS-XT is expected to commence on Nov 20.
CNA/dl
teeth53 ( Date: 05-Nov-2014 07:37) Posted:
|
Http://money.cnn.com/quote/quote.html?symb=BABA
Shares of Alibaba Group Holding Ltd.(BABA) are up 0.74% to $115.39 in pre-market trading Wednesday after the company' s price target was increased to $125 from $115 at BMO Capital Markets.
BABA new TP. $125...:)
teeth53 ( Date: 08-Nov-2014 21:01) Posted:
|
11 November 2014 - Keppel T& T mulls over S$500m REIT IPO.
Shares surge despite lack of details, news sent Keppel T& T shares soaring 14.6% yesterday to close at S$1.77 each, even as the benchmark Straits Times Index fell 1.4%.
Keppel T& T, a unit of conglomerate Keppel Corp, operates data centres in S' pore, M' sia, Australia and EU. Along with AEP Investment Mgt, a S' pore-based firm specialises in cross-border real estate investment strategies, it operates Securus Data Property Fund, a Syariah-compliant fund that invests in a global portfolio of high-quality data centre assets.
Listing of the REIT would be subject to market conditions, the relevant regulatory and other approvals being obtained and the execution of definitive agreements by the relevant parties.DBS Bank, Deutsche Bank, Goldman Sachs and Std Chartered Bank are among banks that are advising Keppel T& T on the IPO.
http://money.cnn.com/quote/quote.html?symb=BABA
Alibaba Group Holding Ltd (NYSE:BABA)
| 114.56
Data as of Nov 07
|
+2.99 / +2.68%
Today&rsquo s Change
|
 
|
teeth53 ( Date: 26-Oct-2014 16:21) Posted:
|
Trans-Cab offer prices will be made known soon. Sources said it is likely to be around $0.68 cents, with 10% to 15% of the float set aside as placement.
65 million shares have been assigned to six cornerstone investors.
A total of 153 million new shares ans 15 million vendor shares is been offer.
Trans-Cap rose to be come 2nd largest cap operator, started off with 50 taxis in 2003., as at June, 204. It had 4,686 taxis with about 7,400 taxi drivers. It compounded profit growth from continuing operation of about 22%, to end at $36.3m for the financial year Dec 31, 2013.
Directors said that they intend to pay dividends of no less than 15% for FY 2014, after tax and no less than 60% after tax profit for FY 2015.
New IPO coming - Trans Cab 
Looking at all the chionging transport stocks, this one sure v hot!
http://www.straitstimes.com/news/singapore/transport/story/trans-cab-offers-153m-shares-ipo-20141104
A well known law firm in M' sia with more than 25 years of history. It chosed to list in Singapore.
Zico Prices Earning Ratio (PER)  were around 23x n have mkt cap  of  $80.1m. While valuation is  at a  high side,  it placement were received flavourable  by friends of ZICO and books were taken up very quickly.
 
 
It IPO will close on 7 Nov at 12pm and will be expected listing on 11 Nov at 9am.
 
Happi IPO-ing and wish those vested - Huat huat...ARGH.
teeth53 ( Date: 31-Oct-2014 13:21) Posted:
|
Zico Holdings IPO to list on the S'pore Exchange Catalist board.
KL based biggest law firm is offering 48m new share at 30c apiece to raise S$14.4m from institutional investors. It IPO has no retail tranche.
The counter is expected to make its Catalist debut on Nov 11, 2014.
KL based biggest law firm is offering 48m new share at 30c apiece to raise S$14.4m from institutional investors. It IPO has no retail tranche.
The counter is expected to make its Catalist debut on Nov 11, 2014.
http://serrano.listedcompany.com/stock_fundamentals.html
http://serrano.listedcompany.com/news.html/id/432537 (balloted result)
Public tranche (subscribed) of   1.5m shares  is 7.6 times.
teeth53 ( Date: 16-Oct-2014 07:43) Posted:
|
Marketwatch - Alibaba trade price surged to US$ 98.85 dollars?.
http://www.marketwatch.com/investing/stock/BABA
By Kyle Anderson, Associate Editor, Money Morning- October 21, 2014
Bank of America Merrill Lynch, Brean Capital, and UBS all initiated coverage of Alibaba Group Holding Ltd. (NYSE: BABA) with " Buy" ratings and price targets of $112, $110, and $100 respectively.
BABA stock price targets are bullish, they' re off the mark. Alibaba stock is headed much higher than that.
Here' s how much higher the BABA stock price could go...
http://www.marketwatch.com/investing/stock/BABA
Oct 24, 2014 - US$96.15 Change +0.39 +0.41% Volume 527,664
 
teeth53 ( Date: 22-Sep-2014 23:53) Posted:
|
Opening offer on 15 Oct 2014 and closing is on 28 Oct 2014. (Tuesday)
ERROR ABOVE.......My apology
Should read as Closing is on 23 Oct 2014 (Thurs) and Expecting Trading is on 28 Oct 2014 (Tues)
teeth53 ( Date: 16-Oct-2014 07:38) Posted:
|
Serrano ipo offering at 0.23c on the Catalist Board.
An interior furnishing firm launches IPO to raise S$6.9m. 28.5m shares  is placement and 1.5m shares is offer to public. It mkt capitalisation is about S$34.5m based on 150m shares immediately after the IPO at 0.23c listing levl.
Opening offer on 15  Oct 2014 and closing is on 28 Oct 2014. (Tuesday)
teeth53 thot - It' s good for a STAG due to it small float. Happi IPO-ing n wish everyone. Huat...ARGH.
 
 
ISEC Healthcare ltd placement oc 70,000,000 shares at S$0.28c each.
It S'pore based ISEC eyes Catalist listing - Restoring Vision. Enriching Lives.
Opening offer on 15 Oct 2014 / 9:00 am
Closing on 28 Oct 2014 / 9:00 am