PS Group Holdings Ltd ("PS" or the "Company") is offering 20.4m Placement Shares at $0.25 each for a listing on Catalist. It is actually very very surprising to see UOB bank venturing into the Catalist space as the amount raised is only $5.1m. So hard up ah? :-P This space is usually dominated by PrimePartners and other smaller players. Perhaps we can see more Catalist listing from UOB going forward? The offer will close on 9 July at 12pm but then again the timeline is "meaningless" as there is no public tranche. The prospectus is
here.
PS Group supply quality fasteners with a product range in excess of 15,000 different types and size of fasteners and supply to 200 customers in more than 45 countries.
Financials
As you can see from the financials above, the revenue has been pretty stagnant for the last 3 years and ...
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