Shares & Derivatives
Credit Bureau Asia Limited IPO . To Apply or Not?
By Investing Thoughts  •  November 23, 2020
Some Basic Info(Apologies if they are not as accurate) Listing Date: 3 December 2020 Offer Price: 0.93 SGD (93 cents) Enlarged Share Capital: 230,390,000 Shares Implied Market Cap : $214,262,700 Offer Size: Around 58 million Shares Public Offer : 1,500,000 Shares Dividends: At least 90% of net profit after tax for FY 2021 and FY 2022 Prospectus can be found here Financial Info Historic PE: 30.6 Half Year Implied PE: 28.9 Company Info A company that speciliazes in credit reports. Providing to financial institutions and non financial institutions. Some of its customers include local banks as well as Singapore Commercial Credit Bureau. These credit reports are needed for loan approvals as well as assessing an individual/ entity for their ability to undertake a loan. The company has Singapore, Malaysia , Cambodia and Myanmar exposure. However, it has disposed off its Malaysia Unit as it was loss-making....
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By Investing Thoughts
Age 25, currently doing part-time. Studied in NTU as a Banking and Finance student. Also known as zzxiaoboizz Enjoys doing equity research and investing. Currently vested in Hong Kong and Singapore listed Equities Would pen some of his thoughts here. Also enjoys watching concerts.
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