Shares & Derivatives
G.H.Y Culture & Media Holding Co., Limited – Balloting Results
By Mr. IPO  •  December 17, 2020
GHY announced that its Public Offering was 16x subscribed. The balloting table is presented below. I always thought that 100k-499k is in the same band but as you can see from the table below, it may not always be the case. Investors who applied for 100,000 shares have a 80% chance of being allotted 6,900 shares. It is also interesting to see that Lion Global and UOBAM subscribed to the IPO. I can thank my lucky stars for using UOB IB platform and managed to be allotted 6,900 shares. This UOB Platform is better than DBS as I know my results around 3pm. 5 hours ahead of DBS. Good luck to those who got this. Happy GHYing...
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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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