HC Surgical Specialists Limited (“HC Surgical” or “the Company”) is offering 30m placement shares at $0.27 each for a listing on Catalist and there is no public tranche. The offer will close on 1 Nov 2016 at 12pm and commence trading on 3 Nov 2016 at 9am. The market cap is S$39.5m based on the IPO price.
The Company is a medical services group primarily engaged in the provision of endoscopic procedures, including gastroscopies, colonscopies and colorectal procedures in Singapore. Actually you can literally “see what they do” from the Company’s logo isn’t it? I haven’t seen a Company that adopts a digestive system as its logo before… imagine if it is a men’s health clinic listing next? lol.
HC Surgical is controlled by both Dr. Heah Sieu Min (43.73%) and Dr. Chia Kok Hoong (23.75%) post the issuance…