Shopper360 Limited ("Shopper360" or the "Company") is placing out 38m placement shares (comprising 18m New Shares and 20m Vendor shares) at $0.29 each for a listing on Catalist. Since there is no public tranche, my ratings is probably less meaningful to majority of the readers. The IPO will close on 28 June at 12pm and starts trading on 30 June 2017 at 9am. Based on the IPO price, the market cap is around S$33.2m
Principal Business
The Company is a well-established shopper marketing services provider with 30 years of experience in the retail and consumer goods industries in Malaysia. It connects its customers with retail partners, namely the hypermarkets, supermarkets, pharmacies and convenience stores. Shopper360's customers base include MNCs such as Nestle, F&N, Samsung and its key retail partners include Giant, Cold Storage and Aeon.
The Company seems to be able to provide the entire value chain from (Read more...)
