Credit Bureau Asia Limited (“CBA”) (SGX:TCU) debuted at S$1.15 on the Singapore Stock Exchange (SGX)’s mainboard on 3 December 2020, 23.7% above its initial public offering (IPO) price of S$0.93 per share. If you are looking at CBA with interest, here are 10 things to know before you invest.
1. Introduction to the group
CBA is a leading player in the credit and risk information solutions (CRIS) market in Southeast Asia, providing CRIS to an extensive client base of banks, financial institutions, multinational corporations, telecommunication companies, government bodies and public agencies, local enterprises and individuals across Singapore, Malaysia, Cambodia and Myanmar.
CBA assists its customers to make better-informed, timely decisions by enhancing their risk-assessment and decision-making processes with the help of its products and services which include credit and risk information reports, credit scores, monitoring services, data trends and analytics, and client-specific tailored solutions.
The full structure of the group as at the date of the prospectus is as follows: