Shares & Derivatives
Terratech Group
By Mr. IPO  •  July 26, 2014
Terratech Group ("Terratech" or the "Company") is placing out 108.7m shares at $0.23 each. 43.5m will be new shares and the rest will be vendor shares. The market cap based on the IPO price will be S$141m.

The IPO will close on 25 July at 12pm and starts trading on 30 July. There is no public tranche.


Principle activities

The Company is a resources company and produces marble blocks and marble slabs in Malaysia. They have 4 main sites in Kelantan with a term of 33 years.


















The products of the Company include marble blocks, marble slabs, aggregates and calcium carbonate powder.











According to an independent valuer, the marble quarry is worth between $170m to $420m with a preferred value of $260m.















What I like about the Company 

• High proven reserves are easy to extract. One of the key issues of any mining company is the ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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