No Signboard Holdings Ltd is going head to head with  JUMBO Group Ltd (SGX: 42R) as it preps itself for a public listing.

Here’s a quick 5 minute digest on the company:

No SignBoard IPO Details

The IPO will close at noon on 28 Nov, and trading will begin 30 Nov.

A total of 65.7 million shares will be on offer during the IPO period at a price of S$0.28 a piece. 2.5 million shares will be for public subscription while the remaining 63.2 million shares will be placed out.

There are several cornerstone investors taking up on the placement shares of 59,265,500 shares, which include:

Asian Opportunities Absolute Return Master Fund, Goi Kok Ming (COO of GSH Limited, son of Popiah King) JPMorgan Asset Management (Singapore) LB Asset Management Lion Global Investors & more No SignBoard Limited Profile

The businesses can be classified into 3 main segments – restaurant, beer, and …