This will be a quick report as I am traveling for work this week. I am not going to spend too much time given the small public offering. Alliance Healthcare Group Limited (“Alliance” or “AHG”) is offering 32m shares at S$0.20 each for its IPO on Catalist – for which 31m shares will be through the placement tranche and the balance 1m through the public offer. The offer will close on 29 May at 12pm and starts trading on 31 May 2019 at 9am. The market cap based on 207.888m shares is around S$41.6m Principal Business The Company is in four key businesses and uses technology to provide a broad suite of healthcare services primarily in Singapore: Managed Healthcare Solutions GP Clinic services Specialist Care services Pharmaceutical Services The Company owns 17 GP clinics across Singapore under the “My Family Clinic (16)” brand and “Lee Clinic
About The Author
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
May 20, 2019
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February 5, 2011