Shares & Derivatives
HRnetgroup – Balloting results
By Mr. IPO  •  June 16, 2017
  HRnetGroup announced strong demand for its shares which was 15x subscribed. The list of cornerstone investors were pretty impressive as well. According to a DB's memo to client, HRnetGroup priced its IPO at the top of the price range and at a premium to its peers on 2017 PE basis. There was a total of 7 cornerstone investors including Fidelity and Aberdeen who have not participated as cornerstone investors in Singapore since 2014. The balloting table is below for your reference:  ...
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By Mr. IPO
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 ...
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