IPO   

IPO-ing. what U should look out for...

Japfa?s IPO Draws Strong Demand From Investors.

Singapore Public Offer of 16,800,000 shares approximately 9.7 times subscribed.

Offering of 248,000,000 shares approximately 5.0 times subscribed.

Due to strong investor demand. There were 37,200,000 over-allotment of shares.

Japfa's open on it first day trading on +ve note, hitting a high of 0.865 cents.

teeth53      ( Date: 08-Aug-2014 15:34) Posted: Where failure to list. Mega farmer Japfa is not cowed. Indonesian-owned Japfa Limited has registered its final prospectus for a listing on the SGX mainboard. This can make it 1st industrialised agri-food Co focused on protein foods to be listed in Singapore. The company's operations range from animal feed production and animal breeding to milk production and consumer food production. Japfa IPO offering, will offer a total of 248 mil shares priced at $0.80 cents each. It compromises an international offer of 231.2 mil shares and public offer of 16.8 mil shares. Japfa is seeking to raise S$198 mil in gross proceeds. It plans to use the funds for investment in China and other emerging markets. Despite recent market volatility, Japfa remains upbeat about its IPO, saying that its int'l offer is 5-times oversubscribed. Mr Tan Yong Nang, Japfa CEO said: "We do believe that...the Co has a good foundation, and as I stated earlier because there is a lot of growth opportunity, I think it's best that we actually tap the mkt and grow the business our way. "The Singapore public offer will open on Aug 8, 2014 and close on Aug 13, 2014. Japfa's shares are expected to begin trading on Aug 15, 2014.  - CNA/de

 

Got five lots Japfa. Gd or bad news?

 

IREIT Global debut on SGX-ST on Wed (Aug 13). A real-estate investment trust that owns office assets in Germany, IREIT Global is Singapore' s first REIT with a portfolio based in Europe.

Counter opened@S$0.88. It hit as high as S$0.90 in late afternoon, before finally closing@S$0.89 - a climb of 1.7% from its IPO price S$0.88c. Over 7.4 million units changed hands.

 

teeth53      ( Date: 13-Aug-2014 08:05) Posted: It  received subscription of  Investors who applied for 50 lots will have a 68% chance and receive 9 lots. Alan Wang from Asdew Acquistions were two Investors with more then 5%. His stks such as QT Vascular  n Starburst have been performing really well.  Will see if they can  produce some " STAR performance" on IREIT.   IREIT Global' s public offering received, was 7.6x subscribed. It will debut on 13 Aug 2014 at 2pm.   Happi IPOs on IREITing

 

It  received subscription of  Investors who applied for 50 lots will have a 68% chance and receive 9 lots.

 

Hey you should link up with this blog UndervaluedAssets blog spot sg recommended by Jomini!

You have a lot in common. Just that this blog does it for free.

marubozu1688      ( Date: 09-Aug-2014 22:26) Posted: IREIT Global IPO Prospectus and snap shot here http://mystocksinvesting.com/singapore-stocks/ireit-global/ireit-global-ipo-prospectus/   teeth53      ( Date: 05-Aug-2014 07:40) Posted: Investors will have access to European real estate mkt. IREIT Global has lodged its prospectus for an initial public offering (IPO) SGX mainboard. Under the IPO, IREIT Global is offering almost 168 mil units at 88 cents each. It will be Singapore' s first REIT with a portfolio based in Europe. Mr Lim Chap Huat, the owner of Soilbuild Group Holdings, has agreed to subscribe for about 80 mil units under the international placement. An agreement with Wealthy Fountain Holdings. Mr Tong Jinquan, chairman of Shanghai-based Summit Property Development - under which they would subscribe to a combined 251.603 million units. It hopes to raise a total of about S$369 million in net proceeds. The new funds will be used to acquire more properties in Europe. IREIT has an initial portfolio of four freehold office properties in Germany valued at approximately S$478 million dollars. IPO offering, will comprise an international placement of about 156 mil units, and an offering of 11.36 mil units for the public in S' pore. IPO closes on Aug 11 2014 (Monday), and the trading is expected to commence two days after that. " The reason that I chose to establish a REIT in Singapore is a few reasons. I believe this is one of the successful REIT markets in the world. It' s one of the largest capital markets in the world today and there are investors who understand this vehicle and are willing to invest. We are aiming to distribute 7.6% for the year 2014 and 8 per cent in 2015 to 2016," said CEO and Founder of IREIT Global, Itzhak Sella.

 

IREIT Global IPO Prospectus and snap shot here

http://mystocksinvesting.com/singapore-stocks/ireit-global/ireit-global-ipo-prospectus/

 

teeth53      ( Date: 05-Aug-2014 07:40) Posted: Investors will have access to European real estate mkt. IREIT Global has lodged its prospectus for an initial public offering (IPO) SGX mainboard. Under the IPO, IREIT Global is offering almost 168 mil units at 88 cents each. It will be Singapore' s first REIT with a portfolio based in Europe. Mr Lim Chap Huat, the owner of Soilbuild Group Holdings, has agreed to subscribe for about 80 mil units under the international placement. An agreement with Wealthy Fountain Holdings. Mr Tong Jinquan, chairman of Shanghai-based Summit Property Development - under which they would subscribe to a combined 251.603 million units. It hopes to raise a total of about S$369 million in net proceeds. The new funds will be used to acquire more properties in Europe. IREIT has an initial portfolio of four freehold office properties in Germany valued at approximately S$478 million dollars. IPO offering, will comprise an international placement of about 156 mil units, and an offering of 11.36 mil units for the public in S' pore. IPO closes on Aug 11 2014 (Monday), and the trading is expected to commence two days after that. " The reason that I chose to establish a REIT in Singapore is a few reasons. I believe this is one of the successful REIT markets in the world. It' s one of the largest capital markets in the world today and there are investors who understand this vehicle and are willing to invest. We are aiming to distribute 7.6% for the year 2014 and 8 per cent in 2015 to 2016," said CEO and Founder of IREIT Global, Itzhak Sella.

 

Where failure to list. Mega farmer Japfa is not cowed.

Indonesian-owned Japfa Limited has registered its final prospectus for a listing on the SGX mainboard.

This can make it 1st industrialised agri-food Co focused on protein foods to be listed in Singapore.

The company's operations range from animal feed production and animal breeding to milk production and consumer food production.

Japfa IPO offering, will offer a total of 248 mil shares priced at $0.80 cents each.

It compromises an international offer of 231.2 mil shares and public offer of 16.8 mil shares.

Japfa is seeking to raise S$198 mil in gross proceeds.

It plans to use the funds for investment in China and other emerging markets.

Despite recent market volatility, Japfa remains upbeat about its IPO, saying that its int'l offer is 5-times oversubscribed.

Mr Tan Yong Nang, Japfa CEO said: "We do believe that...the Co has a good foundation, and as I stated earlier because there is a lot of growth opportunity, I think it's best that we actually tap the mkt and grow the business our way.

"The Singapore public offer will open on Aug 8, 2014 and close on Aug 13, 2014.

Japfa's shares are expected to begin trading on Aug 15, 2014.  - CNA/de

 

PETALING JAYA: Indonesian oil and gas explorer Samudra Energy Ltd has postponed its flotation on the S'pore mkt, citing weak market conditions. At the same time, media baron Rupert Murdoch?s Twenty-First Century Fox has called off a takeover of Time Warner.These events have led some analysts to raise questions as to whether this was the beginning of a slowdown in corporate activity. Markets worldwide have also been performing badly since the recent twin developments in Argentina and Portugal.Argentina defaulted on its sovereign bonds last week, and early this week, Portugal?s central bank took control of Banco Espirito Santo SA, once the country?s largest lender, in a 4.9 billion euro (RM21.14bil) bailout. Samudra Energy, which had already secured some prominent M'sian tycoons as pre-initial public offering (IPO) and cornerstone investors, told Reuters that the company decided not to proceed with the IPO due to volatile market conditions. Insiders told StarBiz that while the book building for the IPO was going well for most of July, it suddenly tapered off in the middle of last week.In addition, the poor performance of Accordia Golf Trust, which listed on the SGX, was another reason that have possibly contributed to decision to postpone Samudra Energy listing, insiders said. Accordia, which is a business trust consisting of golf courses in Japan, fell by as much as 17% on its first day of trading on Aug 1. The stock closed yesterday at 84.5 Singapore cents (RM2.17), down 13% from its IPO price of 97 Singapore cents. Another poor performer in Singapore is PACC Offshore Services Holdings Ltd (Posh), which is the city-state?s largest IPO this year.The Robert Kuok-owned Posh, an offshore marine services provider, is down 12% since its flotation on the SGX on April 25.Kuok, along with fellow Malaysian tycoon Tan Sri Quek Leng Chan, are investors in Samudra Energy. Its all-star list of shareholders also includes Hong Kong billionaire Li Ka-shing. Li, Quek and Caprice Capital, which belongs to savvy investor Paul Poh, are cornerstone investors of Samudra Energy, while Kuok?s Kerry Group is an early investor in the company, holding 21.9%. Samudra Energy has three oil-producing assets in south Sumatra and is seeking to raise between S$248mil (RM635mil) and S$276.3mil (RM706mil), largely to retire debts, a move which would nudge the company towards profitability. Samudra Energy, which began taking orders from institutional investors in July, was looking to sell about 131 million shares at an indicative price range of S$1.89 to S$2.11 a share.The company was due to set the price of the offering on Tuesday, but decided to defer the offering, Reuters reported. Samudra Energy is part of private-equity firm Northstar Group, which focuses on Indonesia and South-East Asia.Sources close to the company toldStarBiz that its owners were still set on listing the company on the SGX, but would wait for market conditions to improve. ?The listing could take place as early as next month, if markets stabilise,? said one source. It is understood that the promoters of the company were concerned that external factors would drag down the price post-listing.?They have high-profile investors that they don?t want to disappoint,? he said.The promoters were confident they were pricing the issuance at an attractive ?dollar per barrel? price, but didn?t want their investors to see the value of their investments deteriorate soon after the listing, he added. Notably, the giant Chinese pork supplier WH Group Ltd also suffered a similar fate when it called off its listing in April, citing ?deteriorating? market conditions. But on its debut on the Hong Kong market this week, WH Group?s stock rose by around 10% of its first day of trading

 

 

http://www.sgx.com/wps/wcm/connect/sgx_en/home/newsflash/mu_30072014_2
Source: Bloomberg (Data as of 29 July) *as of 30 July 2014, 9:28am

The ten new listings on Catalist in the 2014 YTD have raised a total of S$226 million.

A  combined mkt capitalisation of S$2 billion, Ten stocks generated an average total return gain of 36% as of..., outperforming 12 Catalist IPOs in 2013.

Of the Catalist stocks listed in 2014, three have the largest mkt capitalisation. TalkMed Group, QT Vascular and Spackman Entertainment. Including KOP' s RTO, the number of listings on Catalist over first 7-months of 2014 was 11.

Source: Bloomberg (Data as of 29 July)

In full yr of 2013, 12 IPOs on Catalist raised a total of S$253 million. 12 stocks have a combined market capitalisation of S$1.9 billion and as of..., generated an average total return gain of 4.8%, with a median gain of 8%.

 

Anyone playing golf?. Cheap cheap. On making the right choice. Offer at 0.97 projected 9% yield.

Public balloting rato: It reflect retails interest very weak.

Many retails players did buy into such offer. Interest public subscription is weak.

Prices will be supported by Japanese player' s n other stake holders.

One part of retail players is missing n post ipoing got weak response from retailers.

 

 

Anyone playing golf?. Cheap cheap. On making the right choice. Offer at 0.97 projected 9% yield. At current trading price of 81c/82c, u get better yield, 10.5%???, only for first year promises?.

teeth53      ( Date: 27-Jul-2014 08:37) Posted: teeth53 - Public balloting rato: It reflect retails interest very weak. Many retails players did buy into such offer. Interest public subscription is weak. Prices will be supported by Japanese player' s n other stake holders.  One part of retail players is missing n post ipoing got weak response from retailers. Think those that applied, more then 50% chances got stuck liao. For more IPOs info: Click  on IPOs > > >   IPO-ing. what U should look out for... teeth53      ( Date: 24-Jul-2014 22:38) Posted: http://infopub.sgx.com/FileOpen/AGT-Offering_Price_Ann-24_July_2014.ashx?App=Announcement& FileID=306808 AGT-Offering_Price_Ann-24_July_2014.pdf Offering of 782,025,000 units in Accordia Golf Trust for subscription at offering price of S$0.97 per unit, subject to the over-allotment option. Issued jointly by the Joint Bookrunners - Daiwa Capital Markets S' pore Limited & Citigroup Global Markets S' pore Pte. Ltd.  For and on behalf of Accordia Golf Trust Management Pte. Ltd.

 

Terratech Closed-0.235

2,826,000

0.230

0.235

784,000

Vol-111,517,000

Op-0.270

HI-0.280

Lo-0.230

teeth53      ( Date: 23-Jul-2014 21:08) Posted: http://www.sgx.com/wps/wcm/connect/bc6642a3-73be-47b9-abbd-648e8726a045/%2803%29+Terratech+Offer+Document+%28Clean%29.pdf?MOD=AJPERES& CONVERT_TO=url& CACHEID=bc6642a3-73be-47b9-abbd-648e8726a045 Attachments Offer document (Clean) 21-Jul-2014 (03) Terratech Offer Document (Clean).pdf PRODUCER OF PREMIUM-QUALITY MARBLE (自 然 天 成 品 質 卓 越 ) 108,700,000 Placement Shares, comprising 43,500,000 New Shares and 65,200,000 Vendor Shares at S$0.230c. Open of Placement: 21 July 2014, and Close of Application: 25 July 2014, 12.00 noon. Expecting listing: 30 July 2014, 9.00 am.

 

http://moneymorning.com/tag/alibaba-ipo/

Featured Story - The Five Big Alibaba IPO Facts Investors Still Don' t Know

teeth53      ( Date: 29-May-2014 08:44) Posted: http://www.bloomberg.com/news/2014-05-28/alibaba-to-buy-stake-in-singpost-to-expand-in-southeast-asia.html Alibaba Group Holding Ltd., China&rsquo s biggest e-commerce company, agreed to buy a 10 percent stake inSingapore Post Ltd. (SPOST) to develop its logistics in Southeast Asiaahead of an initial public offering. Alibaba will spend S$312.5 million ($249 million) acquiring about 220 million new and existing shares and the companies will enter talks for an e-commerce logistics venture, Singapore-based SingPost said in a statement yesterday. The purchase price of S$1.42 a share is 8.4 percent lower than the close on May 27. teeth53      ( Date: 07-May-2014 22:15) Posted: Posted dated: 18-April-2014. teeth53 thot - The Alibaba effect will rub off into successful IPOs effect..in regional bourses here.

 

teeth53 - Public balloting rato: It reflect retails interest very weak.

Many retails players did buy into such offer. Interest public subscription is weak. Prices will be supported by Japanese player' s n other stake holders.  One part of retail players is missing n post ipoing got weak response from retailers. Think those that applied, more then 50% chances got stuck liao.

For more IPOs info: Click  on IPOs > > >   IPO-ing. what U should look out for...

teeth53      ( Date: 24-Jul-2014 22:38) Posted: http://infopub.sgx.com/FileOpen/AGT-Offering_Price_Ann-24_July_2014.ashx?App=Announcement& FileID=306808 AGT-Offering_Price_Ann-24_July_2014.pdf Offering of 782,025,000 units in Accordia Golf Trust for subscription at offering price of S$0.97 per unit, subject to the over-allotment option. Issued jointly by the Joint Bookrunners - Daiwa Capital Markets S' pore Limited & Citigroup Global Markets S' pore Pte. Ltd.  For and on behalf of Accordia Golf Trust Management Pte. Ltd.   teeth53      ( Date: 23-Jul-2014 21:36) Posted: Accordia Golf Trust -  First business trust with  golf course assets in Japan offering IPO Close on 24 July at 12pm (Prospectus mentioned  24 July 4 pm).  Expecting listing: 1 August 2014 at 2pm. 782m placement units  comprising 164.592m units placement to holders in Singapore, 41.163m units for public investors and 576.27m units for Japanese investors.   Book making: Offer price is between S$0.97 to $1 and will be finalized when the IPO (book closes). There will also be an over allotment. Mkt cap will be around $1.066 to $1.099B depending on the final agreed price. Initial portfolio consists of 89 golf courses and related assets valued at S$1.85b.

 

not as good as spackman first day up 10cents from opening trading price. this one in fact is down 1cents from opening price. hope it maintain composure and move up on tue

teeth53      ( Date: 26-Jul-2014 00:13) Posted: Good kopi to sum up on it 1st trading day Op-0.375 Cls-0.365     Vol-128,958,000 1,621,000 0.360 0.365 165,000 Hi-0.435 Lo-0.340 teeth53      ( Date: 23-Jul-2014 20:59) Posted: Alliance Mineral Assets Limited - Final Offer Document.pdf 67,669,000 Placement Shares:  comprising 43,479,000 New Shares and 24,190,000 Vendor Shares at S$0.23 for each. Offer close on 23 July 12pm and expecting listing on 25 July 2014. Post IPO - Co will have a mkt cap of $90.6m. Co is a mining company  HQ in Perth, Western Australia and primarily developing and exploiting the Tantalite Mineral Resources in Australia. Prospectus report, Tantalum - A mining Co  mining commonly know " red earth" , and you may find this article interesting that it is one of the most important element you have never heard of, with South America and Australia accounting for 2/3 of the world' s supply. Many useage for Tantalum and  is a rare, non-radioactive metal which is ductile, easily fabricated, highly resistant to corrosion by acid, a good conductor of heat and electricity, and has a high melting point. In its refined form, Tantalum is immune to bodily fluids, thereby promoting the use of tantalum in surgical instruments. In addition, its resistance to corrosion, heat and wear makes it suitable in the fabrication of chemical process equipment. Other notable applications include furnace parts, air and landbased turbines, X-ray films, electrical generation and camera lenses. Tantalum is widely used in the electronics industry. Major end uses for tantalum capacitors include automotive electronics, pagers, personal computers and portable telephones. Alloyed with other metals, Tantalum is also used in making carbide tools for metalworking equipment and in the production of superalloys for jet engine components.

 

Good kopi to sum up on it 1st trading day

Op-0.375

Cls-0.365

Vol-128,958,000

1,621,000

0.360

0.365

165,000

Hi-0.435

Lo-0.340

teeth53      ( Date: 23-Jul-2014 20:59) Posted: Alliance Mineral Assets Limited - Final Offer Document.pdf 67,669,000 Placement Shares:  comprising 43,479,000 New Shares and 24,190,000 Vendor Shares at S$0.23 for each. Offer close on 23 July 12pm and expecting listing on 25 July 2014. Post IPO - Co will have a mkt cap of $90.6m. Co is a mining company  HQ in Perth, Western Australia and primarily developing and exploiting the Tantalite Mineral Resources in Australia. Prospectus report, Tantalum - A mining Co  mining commonly know " red earth" , and you may find this article interesting that it is one of the most important element you have never heard of, with South America and Australia accounting for 2/3 of the world' s supply. Many useage for Tantalum and  is a rare, non-radioactive metal which is ductile, easily fabricated, highly resistant to corrosion by acid, a good conductor of heat and electricity, and has a high melting point. In its refined form, Tantalum is immune to bodily fluids, thereby promoting the use of tantalum in surgical instruments. In addition, its resistance to corrosion, heat and wear makes it suitable in the fabrication of chemical process equipment. Other notable applications include furnace parts, air and landbased turbines, X-ray films, electrical generation and camera lenses. Tantalum is widely used in the electronics industry. Major end uses for tantalum capacitors include automotive electronics, pagers, personal computers and portable telephones. Alloyed with other metals, Tantalum is also used in making carbide tools for metalworking equipment and in the production of superalloys for jet engine components.

 

http://infopub.sgx.com/FileOpen/Terratech_Balloting_results.ashx?App=Announcement& FileID=307029

Terratech_Balloting_results.pdf

Tan Ong Huat	12,000,000		allocated under the Placement
Ng Han Kok	10,000,000		allocated under the Placement
Zeng Li Ren	5,600,000		allocated under the Placement
Koh Kok Leong	5,600,000		allocated under the Placement
New Wealth Capital Limited		5,600,000 allocated under the Placement

Company&rsquo s shares will commence trading on a " ready" basis at 9.00 a.m. on 30 July 2014.

teeth53      ( Date: 24-Jul-2014 22:29) Posted: 108,700,000 Placement Shares comprising 43,500,000 New Shares and 65,200,000 Vendor Shares at S$0.23c Sponsor, Issue Manager and Joint Placement Agent - PRIMEPARTNERS CORPORATE FINANCE PTE. LTD. Joint Placement Agent - DMG & PARTNERS SECURITIES PTE. LTD. (Member of RHB Banking Grp) Applied through remisers n brokers within your respective Securities firm (if they in hand got those placement ipo shares) Note: there' s only that much of share to placement out to, there for is very limted.   InvestNotTrade      ( Date: 23-Jul-2014 22:19) Posted: This IPO not offered by DBS. How else to get it ah...

 

http://infopub.sgx.com/FileOpen/AGT-Offering_Price_Ann-24_July_2014.ashx?App=Announcement& FileID=306808

AGT-Offering_Price_Ann-24_July_2014.pdf

Offering of 782,025,000 units in Accordia Golf Trust for subscription at offering price of S$0.97 per unit, subject to the over-allotment option.

Issued jointly by the Joint Bookrunners - Daiwa Capital Markets S' pore Limited & Citigroup Global Markets S' pore Pte. Ltd. 

For and on behalf of Accordia Golf Trust Management Pte. Ltd.

 

teeth53      ( Date: 23-Jul-2014 21:36) Posted: Accordia Golf Trust -  First business trust with  golf course assets in Japan offering IPO Close on 24 July at 12pm (Prospectus mentioned  24 July 4 pm).  Expecting listing: 1 August 2014 at 2pm. 782m placement units  comprising 164.592m units placement to holders in Singapore, 41.163m units for public investors and 576.27m units for Japanese investors.   Book making: Offer price is between S$0.97 to $1 and will be finalized when the IPO (book closes). There will also be an over allotment. Mkt cap will be around $1.066 to $1.099B depending on the final agreed price. Initial portfolio consists of 89 golf courses and related assets valued at S$1.85b.

 

108,700,000 Placement Shares comprising 43,500,000 New Shares and 65,200,000 Vendor Shares at S$0.23c

Sponsor, Issue Manager and Joint Placement Agent - PRIMEPARTNERS CORPORATE FINANCE PTE. LTD.

Joint Placement Agent - DMG & PARTNERS SECURITIES PTE. LTD. (Member of RHB Banking Grp)

Applied through remisers n brokers within your respective Securities firm (if they in hand got those placement ipo shares)

Note: there' s only that much of share to placement out to, there for is very limted.

 

InvestNotTrade      ( Date: 23-Jul-2014 22:19) Posted: This IPO not offered by DBS. How else to get it ah...? teeth53      ( Date: 23-Jul-2014 21:08) Posted: http://www.sgx.com/wps/wcm/connect/bc6642a3-73be-47b9-abbd-648e8726a045/%2803%29+Terratech+Offer+Document+%28Clean%29.pdf?MOD=AJPERES& CONVERT_TO=url& CACHEID=bc6642a3-73be-47b9-abbd-648e8726a045 Attachments Offer document (Clean) 21-Jul-2014 (03) Terratech Offer Document (Clean).pdf PRODUCER OF PREMIUM-QUALITY MARBLE (自 然 天 成 品 質 卓 越 ) 108,700,000 Placement Shares, comprising 43,500,000 New Shares and 65,200,000 Vendor Shares at S$0.230c. Open of Placement: 21 July 2014, and Close of Application: 25 July 2014, 12.00 noon. Expecting listing: 30 July 2014, 9.00 am.