Shares & Derivatives
Linc Energy IPO
By Singapore Stocks Investing (SSI)  •  December 15, 2013
Linc Energy launched its IPO on 12 December 2013. Linc Energy is offering 47,850,000 shares at $1.20 with 500,000 reserved for the public. The closing date of Linc Energy IPOis 16 Dec 2013 at 12pm. Investors should note that Linc Energy was delisted from the Australia Stock Exchange so that it can now list on SGX to improve its access to capital markets and to reposition itself for long-term strategy growth. Linc Energy consists of three divisions, namely: Conventional Oil & Gas, Unconventional Oil & Gas and Coal; as such I quite like the fact that it is a diversified energy company. From the prospectus, it seems to me that Linc Energy seems to pride itself on having a competitive advantage of using a technology called “UCG” to produce diesel and jet fuel which it believes that it is the only company in the world with this technology. ......
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By Singapore Stocks Investing (SSI)
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