AGV Group has launched an IPO for a listing on Singapore’s Catalist board. The IPO is via placement hence, I believe the IPO is not open to retail investors. The placement tranche is around 26.9 million shares at $0.22 each. AGV IPO stock is expected to trade on SGX on 26 Aug 2016.AGV Group is involved in the business of hot dip galvanizing services. AGV group has revenue of $9.8 million with net profit of $0.5 million at the first half of year 2016. This compares with the group revenue of $15.3 million ($1.4 million profit) for the full year 2013 and group revenue of $18.8 million ($2.2 million profit) in year 2015. AGV has one third of the Singapore’s market share of which seventy per cent of the demand is supported by public works. Competition wise, AGV is one of ......