GVT Venture Technology Limited ("GVT" or the "Company") is the first IPO to be offered in 2019. The offering details are as follows:

IPO price : $0.275 each
Placement shares:  42.118m shares
Public offer: 800,000 shares
IPO closing date: 21 Jan 2019, 12pm
Listing date: 23 Jan 2019, 9am
Market Cap: $64.4m

Principal Business The Company was established in 2012 with a strong focus in providing manufacturing and services solutions to the semi-conductor, analytical life sciences and electronics industries. GVT has facilities in Singapore, Malaysia (Penang) and PRC (Suzhou) to some of the largest OEMs in these industries (this is somewhat similar to sub-contractor to the main contractor role). Financial Highlights

As in most IPOs, the Company demonstrated strong sales trajectory and profitability but do note that this is not very representative as the Company started from a very low base. Regardless, it is good to see that the Company is actually profitable

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