Michelle Chia, the spokesperson for Maxi Cash! |
I have seen many forums and read up a bit on the news and its prospectus; and the views are inconsistent on whether this IPO will soar on its debut...
Let's look at its corporate profile:
Maxi Cash is a subsidiary of mainboard-listed jewellery retailer and property developer Aspial Corporation - formerly Lee Hwa Holdings.
And the Summarized Financial Statements are here below:
Now lets talk about the Pros and Cons of this company and finally an opinion by myself.
The Pros:
- Well established market position (13%) ...