Secura Group Limited ("Secura" or the "Company") is offering 112m shares at $0.25 each of which 108m shares are via placement with 4m shares for the public for a listing on Catalist. The market cap based on the IPO price will be $100m.
For the first time (at least for me), there are 224m free detachable warrants where you will get 2 free warrants for each share allotted. Each warrant allows you to convert into one shares at an exercise price of $0.35 each.
The offer will close on 26 Jan 2016 at 12pm and starts trading on 28 Jan 2016.
Principal Activities
The Company provides an integrated suite of security products, services and solutions.The Company has been providing security printing services since 1976 and owns one of the largest cheque printing businesses in Singapore.
Services provided include:
- Security Printing
- Security Guarding
- Cyber Security
- Homeland Security
- ...