World Class Global Limited ("WCG" or the "Company") is offering 136m shares in the IPO @ 26 Singapore cents each for a listing on Catalist. New shares of 100m and vendor shares of 36m will be sold to the investors. There will be 3.98m shares for the public offer and 132.02 m shares via placement. There will be an over-allotment option where underwriter can offer an additional 10.8m shares if the demand is good at the IPO. The offer will close on 13 June 2017 at 12 pm.
Principal Business
WCG is a real estate company that undertakes property development and property investment in major cities in Australia and Malaysia. It was spun out from its SGX-listed parent – Aspial Corporation Limited.
Its property development projects include Australia 108 and AVANT in Melbourne, Australia. The Company also hold 28 properties in Penang, Malaysia, which comprises mainly shop ......
