Search Results for: ipo

IPO Analysis: Koufu Group Ltd

Singapore food court operator Koufu Group Ltd has filed for a IPO on the SGX Catalist board. Summary of listing details as follows: Offer price: $0.63Total shares offered: 97,008,000Placement shares: 90,675,000Public shares: 6,333,000Closing date for application: 16 July 2018 12pmCommencement of training: 18 July 2018 Full prospectus can be found here. Here’s my thoughts on the salient points of this listing. 1. Company Profile and Business Model Koufu operates 2 key divisions, Outlet and mall management, and F&B retail largely in Singapore, with 1 food court in...

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Koufu IPO: Here’s 5 Quick Things You Need to Know

After dropping out of school at 13 years old, Mr Pang started work as a kitchen helper in the 1960s to share his family’s financial burden. For 5 years he sold fruit at Sungei Road’s famed Thieves Market and later ran a Nasi Lemak stall at a coffee shop. He then progressed from running food stalls to operating and managing coffee shops and the food court business. In 2002, Pang founded Koufu with the aim of preserving the unique Singaporean coffee shop culture. Today, Koufu is one of the most established and largest food courts operators and managers of food...

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PropNex IPO – 4 quick things to know before you invest

PropNex Limited is the latest stock initial public offering (IPO) on the Singapore Exchange. Shares of the home-grown real estate service group debuted at 68.5 cents on Monday and rose as high as 22% in its first day of trading before closing at 71.5 cents. The 2.125 million shares offered for public subscription was subscribed 24.6 times, indicating buoyant sentiment among investors for the PropNex IPO and the local property sector in general. If you’re looking at the PropNex IPO with interest, here are four things to know before you invest: 1. PropNex is the largest real estate agency...

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Propnex IPO: Here’s 5 Quick Things You Need to Know

With more than 7,000 sales agents under the company, PropNex is the largest real estate agency in Singapore after a merger with the Dennis Wee Group in 2017. It is also the second real estate brokerage to list on the Singapore Exchange after APAC Realty. Here’s a quick glance into the details of PropNex’s IPO. You can also find the prospectus here. 1. PropNex Profile The company comprises 4 main business segments: (i) Real Estate Brokerage Under this segment, the company derives its revenue from commission earned from sales and rental of residential, commercial and industrial properties. PropNex has a...

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Paktor Owner M17 Entertainment's IPO Trouble: 3 Questions That Must Be Addressed

M17 Entertainment, the company that owns Paktor and live-streaming service 17 Media, has postponed its IPO that was originally scheduled for 7th of June. The delay came after its IPO pricing of US$8 came in far below the original range of US$10-12 that the company was hoping for. But what concerns could investors have had around the company and its future prospects? We discuss some of the biggest risk factors that investors must answer before purchasing M17 Entertainment’s stock, if it lists at all. How Will 17 Media Grow Its User Base? 17 Media, the leading live-streaming service in...

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IPO Analysis: Is Astrea IV Private Equity Class A-1 bond worth a BUY?

Astrea IV Class A-1 bonds are the talk of the town right now, and I’ve received so many DMs about this so I’m finally sitting down to evaluate and write this. Details: – The bond is launched by Astrea IV Pte. Ltd, which is an indirect subsidiary of Temasek – 4.35% interest rate offered – IPO applications close at 12 noon on 12 June 2018 – You can apply through ATM or online banking via DBS, POSB, OCBC or UOB – Minimum subscription amount: S$2,000 – You CANNOT use your CPF or SRS funds to apply for this bond....

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Netlink NBN Trust- From Boring Stable Counter to Jaw Dropping 8% price drop since IPO

Netlink Trust-the Fibre of a Smart Nation- dropped to a 52 week low of S$0.745 per unit on 8 June 2018 (Friday) during its mid-day trading, before recovering to close off at S$0.780 per unit. During 2018, most analysts were all setting price target of over S$0.915 per unit, but instead it dropped from the S$0.810 to S$0.745. Taking into account Netlink’s IPO price of S$0.810, the Business Trust would have dropped 8% at its lowest point since the announcement of its year end results. What happened to this counter which investors used to praise for its relative stable...

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Hyphens Pharma IPO: Here’s 5 Quick Things You Need to Know

This post was original posted on smallcapasia.com and reproduced with permission from the author. Hyphens Pharma IPO: Here’s 5 Quick Things You Need to Know Hyphens Pharma is a speciality pharmaceutical and consumer healthcare group with a direct presence in five ASEAN countries, namely, Singapore, Vietnam, Malaysia, Indonesia, and the Philippines. The company was incorporated in Dec 2017 as a private company. It sells speciality pharmaceuticals, a proprietary range of dermatological products and health supplement products through Hyphens and Ocean Health Singapore, and medical hypermart and digital supplies. You can find the prospectus here. Here Are 5 Quick Things you need...

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Hyphens Pharma IPO: Here’s 5 Quick Things You Need to Know

Hyphens Pharma is a speciality pharmaceutical and consumer healthcare group with a direct presence in five ASEAN countries, namely, Singapore, Vietnam, Malaysia, Indonesia, and the Philippines. The company was incorporated in Dec 2017 as a private company. It sells speciality pharmaceuticals, a proprietary range of dermatological products and health supplement products through Hyphens and Ocean Health Singapore, and medical hypermart and digital supplies. You can find the prospectus here. Here Are 5 Quick Things you need to know about the IPO: 1. Hyphens Pharma Profile The company comprises three main business entities: Hyphen Pharma Pte. Ltd., Pan-Malayan Pharmaceuticals Pte....

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IPO – Hyphens Pharma International Limited

It has been a while since there was an IPO that interest us me. CZM is not joining because she has never heard of this company or their products. Neither have I but I am just a number guy. You can find the prospectus here. Hyphens Pharma International Limited is a pharmaceuticals/medical company with the following 3 core businesses: – Specialty pharma principals (53.6% of 2017 total revenue) – Proprietary brands (11.4% of 2017 total revenue) – Medical hypermart and digital (35.0% of 2017 total revenue) There will be 29,600,000 Invitation Shares with 3,000,000 Public Offer Shares and 26,600,000 Placement Shares at S$0.26. The closing...

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Wilmar International share price to rocket upon China IPO?

Will Wilmar International share price soar on the back of its impending IPO of its China unit? Being the largest listed agribusiness group by market capitalization on the Singapore Exchange, it is certainly a fascinating journey for Wilmar. From a start-up, Wilmar has overcome various challenges through the years to become one of the elites in the prestigious Straits Times Index (STI). Many analysts have debated the need for Wilmar to list its Chinese unit in Shanghai while others had wondered the merits of announcing the plan at its infancy stage. In my point of view, the purpose of...

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Analysis of Qualitas Medical Ltd Upcoming IPO

by: Tam Ging Wien All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser. Malaysia’s healthcare service provider Qualitas Medical Ltd (Qualitas) has begun marketing efforts for what is believed...

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An Honest and Blunt View of the Sasseur REIT IPO

by: Tam Ging Wien All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser. In last week’s post, we shared with our ProButtefly readers a Qualitative Analysis of Sasseur REIT....

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Sasseur REIT IPO – 5 key things you need to know before you invest

Singapore’s REIT market will soon welcome a new member – Sasseur Real Estate Investment Trust – which will become the very first ‘outlet mall’ REIT to be listed in Asia. Just two weeks ago, Sasseur REIT lodged its prospectus with the MAS for an initial public offering of 13.8 million shares to the public at 80 cents each. If you’re interested, you can download and read the prospectus here (all 728 pages of it!). Sasseur REIT IPO prospectus. You only have a couple more days to consume it though, before applications for the IPO close on Monday, 26 March...

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IPO Analysis: Sasseur REIT

Sasseur REIT is an upcoming Chinese outlet mall portfolio that is currently open for IPO applications and will soon be listed on SGX. This is the third retail REIT in the People’s Republic of China (PRC) to be listed here – BHG and Daisin Retail Trust are the other two – pointing to the growth in the spending power of the Chinese middle class, which is expected to continue growing. With a CAGR of over 24% per annum, it is expected that China outlet malls will become the biggest in the world by 2030, surpassing the outlet mall markets...

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