WORLD CLASS GLOBAL IPO is the latest IPO for retail investors here . WORLD CLASS GLOBAL is the property arm of Aspial Corp, a listed entity on SGX and it is involved in property development in Australia and Malaysia. Details of World Class Global IPO are below, for readers’ information please. Number of shares: 136 million shares- 132 million placement and 4 million offer shares IPO price per share: $0.26 Timeline: Subscription for public: 7 Jun 2017 0900 hrs to 13 Jun 1200 hrs Date of trading: 15 Jun 2017, 0900hrs on a “ready” basis Market capitalization after IPO: $235.5 million ($21.9 million will be raised as net proceeds via this IPO) Use of proceeds: acquisition of properties and construction and other related developmental costs, working capital Dividends: Group intends to declare an annual dividends of up top 50% net profits attributable to shareholders in respect of the ......