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IPO Balloting Results for RH Energy and China Angel Food
By Derek  •  July 13, 2007
By: Derek Lim Another disappointing IPO balloting. Both stocks have more than doubled from it initial IPO price but there's no shame, because this is all about luck and money rather than skill. Date: 9 July 2007 Company: R H Energy Ltd. Price: S$0.32 Placement: 68,000,000 Public: 4,000,000 No. of shares applied: 50,000 Results: Unsuccessful Balloting Results: Date: 11 July 2007 Company: China Angel Food Ltd. Price: S$0.35 Placement: 98,800,000 Public: 5,000,000 No. of shares applied: 50,000 Results: Unsuccessful Balloting Results:
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By Derek
Derek is an investor who follows Peter Lynch style of investing. He prefers to use simple and straight forward information for stock analysis. He started TheFinance.sg with the intention to bring together all bloggers and professionals who are interested or already in the area of Finance and Investing, and to create a community where everyone is free to write and to share their articles, experience and opinions.
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