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IPO-ing. what U should look out for...
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Octavia
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10-Jan-2014 08:53
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OUE said to price commercial trust IPO at 80 cents per unit for 6.8% yield
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Octavia
Supreme |
09-Jan-2014 08:58
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SINGAPORE ? South Korean retail giant Lotte Shopping has sought regulatory approval in Singapore for an initial public offering that could raise up to US$1 billion (S$1.26 billion), said those with knowledge of the deal yesterday. Lotte will put its Korean shopping malls in a real-estate investment trust (REIT) for a listing in Singapore which, if successful, would be the biggest overseas IPO by a Korean firm. One of those with knowledge of the deal said approval from the Singapore Exchange could take 10 to 15 days. If it is approved, Lotte will be able to start testing investors? appetite for the IPO. A spokesman at the firm, which announced plans for the offering last year, said the company was looking to list in February, but did not elaborate. Lotte Shopping is an affiliate of South Korean conglomerate Lotte Group, whose business interests range from real estate and selling candy to movie theatres. Lotte Shopping reported 21.6 trillion won (S$25.7 billion) in revenue for the first nine months of last year, up 16.7 per cent from a year earlier, according to its third-quarter earnings statement. Net profit was 782 billion won, up 2 per cent year on year. The company, which opened its first store in South Korea in 1979, currently runs 44 department stores and 110 hypermarkets domestically. It also has seven department stores in Russia, China and Indonesia and 152 hypermarkets in China, Vietnam and Indonesia. Lotte Shopping?s other subsidiaries include convenience store 7-Eleven, credit-card firm Lotte Card and electronics specialist retailer Hi-Mart. Under Singapore law, Lotte Shopping?s REIT would have to pay nearly 90 per cent of its income out in dividends. Business trusts such as Asian Pay Television Trust, owner of a Taiwan cable-TV operator, are not bound by such a rule, but still offer attractive yields, generally 6 to 7 per cent a year. That compares with banks in the Republic that tend to offer 0.2 per cent on 12-month Singapore-dollar deposits. The biggest overseas listing by a Korean company to date is the US$367 million IPO eight years ago of dry-bulk-shipping firm STX Pan Ocean, also in Singapore. The company is under a court-led restructuring programme, as its fortunes fell amid the global financial crisis |
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teeth53
Supreme |
08-Jan-2014 08:40
Yells: "don't learn through life, learn to grow with life " |
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The Board wishes to update Shareholders that, after due consideration and taking into account, inter alia, the regulatory requirements of the relevant stk exch, the Company intends to seek a listing (Proposed Listing) of the Relevant Subsidiaries in the Limestone Business on the Catalist of the SGX-ST instead of SEHK. (think is the oni limestone buzz on SGX). Note - Pursuant to the Marble is for a particular property development project. Sales Contracts, the total contract amt is up to RMB88,542,000 (equivalent to approximately S$17.95m based on an exchange rate of S$1.00:RMB4.9330 as at 22-Oct-2013) and the marble are to be delivered progressively commencing from around mid-2014, upon notices as according to the construction progress of the respective projects. Marble Sales Contracts represent it 1st significant sales, the Grp?s marble resource biz is a significant milestone for the Group in this area. |
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Octavia
Supreme |
08-Jan-2014 08:22
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Homegrown luxury car dealership EuroSports Global launched its initial public offering (IPO) on Tuesday at 28 cents per share. The company, which is the sole dealer of Lamborghinis and other premium car brands here, will issue 80 million shares to raise net proceeds of $8.46 million. The offer makes it the first firm to seek a listing on the Singapore Exchange's Catalist board this year. Of the 80 million shares, 1.5 million will be made available to the public, with the remaining 78.5 million set aside for placement.
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teeth53
Supreme |
08-Jan-2014 08:18
Yells: "don't learn through life, learn to grow with life " |
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Lotte Shopping Seeks Trust IPO in Singapore -- Could Raise $1 Bil. Wall Street JournalSE in Your Value Your Change Short position has sought regulatory approval in Singapore to hold an initial public offering of a real-estate investment trust that could raise as much as US$1 billion, people with knowledge of the deal said, in the....Lotte Shopping seeks S$1.26b REIT IPO in S'pore. | ||||
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teeth53
Supreme |
08-Jan-2014 08:10
Yells: "don't learn through life, learn to grow with life " |
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Eurosports Global Ltd IPO - EuroSports Global Ltd launched its initial public offering (IPO) of 80 mil shares in conjunction with its listing on Catalist, on the Singapore Exchange Securities Trading Ltd (SGX-ST). CIMB Bank Bhd's S'pore Branch was the sponsor and CIMB Securities (S) Pte Ltd was the underwriter and placement agent for the IPO which comprised 1.5 mil offer shares and 78.5 mil placement shares at S$0.28 per share. It plans to use the net proceeds of approximately S$8.46 million from the issue of new shares for the expansion of its operations locally and in other markets, diversification into other luxury lifestyle businesses, as well as, for general working capital. Trading of the EuroSports Global's shares is expected to commence on a " ready" basis on Jan 17. |
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Octavia
Supreme |
07-Jan-2014 15:35
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EuroSports Global: Registered IPO At S$0.28 Per Offer Share | ||||
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teeth53
Supreme |
04-Jan-2014 12:10
Yells: "don't learn through life, learn to grow with life " |
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OUE - SGX-ST has approved the listing of OUE Commercial Real Estate Investment Trust (OUE comm REIT). OUE Bayfront, will be one of the Reits initial assets. It plan to inject the 50yr leashold Lippo Plaza in Shanghai into the Reit n it expect to hold 50% of the unit in the trust. |
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teeth53
Supreme |
04-Jan-2014 12:02
Yells: "don't learn through life, learn to grow with life " |
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Another hopeful is eyeing secondary listing in catalist SGX-ST. Passion for fast cars?. Eurosports Global lodged its preliminary prospectus early last month. |
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teeth53
Supreme |
04-Jan-2014 11:55
Yells: "don't learn through life, learn to grow with life " |
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Keppel T& T stk at 5yr high on news to list Data centre. Reit plan listing showed that investors like the idea. Keppel owns and manages two data centres in Singapore. A 3rd centre is been built at Tampines due operational in early 2014. It owns or partly owns and manages nine others centres in Australia, Britain, Ireland,Malasia and the Netherlands. |
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teeth53
Supreme |
30-Dec-2013 09:01
Yells: "don't learn through life, learn to grow with life " |
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A partner at Shooklin & Bok, said: " It is a very popular investment for many investors, particularly retail, because you have a certain yield that is higher than interest rates. That will continue to be popular. The challenge is to come up with interesting REITs and Business Trusts which are not already listed in Singapore." Analysts also expect to see more businesses coming in to list through reverse takeovers (RTOs). Mr Lee said: " SGX has beefed up quantitative criteria for Singapore listings so a lot of mainboard companies which are not doing well will be attractive candidates businesses that want to list but may not necessarily want to comply with new listing criteria. " RTOs are also a popular listing structure now because you can do it in stages. You can take control first and continue the existing business and slowly inject new businesses over a period of time." Analysts are also expecting more Chinese companies to list here in 2014 since the direct listing platform has been established between SGX and China. And with the China Securities Regulatory Commission also reviewing applicants for their proposed listing in the Singapore market, experts said this augurs well for corporate governance. (Some Australia firms, others potential (IPO) aspirating hopeful is also on the cards). Apart from China, SGX also signed a memorandum of understanding with the Hong Kong Exchange to collaborate on new technology and yuan-denominated product development. Experts said this tie-up will be mutually beneficial for investors and is unlikely to jeopardise each other's business. |
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teeth53
Supreme |
18-Dec-2013 21:43
Yells: "don't learn through life, learn to grow with life " |
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First day opening@$1.37c, traded to a low of $1.36c n a high of $1.49c.
It closed off at $1.435c or up +20% With volume of 8,582,000 mil share changed hands. Starting at 2pm. Congratulation to all vested Linc Energy players for launching it successfully.
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teeth53
Supreme |
18-Dec-2013 21:28
Yells: "don't learn through life, learn to grow with life " |
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Open@$1.37, traded to a low of $1.36 n a high of $1.49. It closed off at $1.435c or up +20%.
It likely the last successful IPO this year that ends well. It bore well n carried others potential (IPO) aspirating hopeful to new level of success into new year. Year 2014. |
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teeth53
Supreme |
12-Dec-2013 19:59
Yells: "don't learn through life, learn to grow with life " |
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Linc Energy derives its revenue from three primary business segments. They are namely conventional exploration and production of oil and gas, conversion of clean energy while utilising the company?s proprietary technology in underground coal gasification as well as coal mining. The company intends to use the net proceeds generated from the IPO as capital injection into its existing business where $42.3 mil will go into its conventional oil and gas and clean energy business. The remaining $5.6 mil will be dedicated for working capital and other general purposes. Significance:Linc Energy is moving its listing from ASX to SGX where it will not only be the largest listed independent upstream oil and gas exploration and production company in S'pore but also one of the largest in Southeast Asia, by proved and probable reserves. Upon listing, it will also be the largest S'pore-listed coal company by total coal resources.
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Octavia
Supreme |
12-Dec-2013 09:35
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Linc Energy: launched its IPO yday with the stock priced at $1.20 per share. Its de-listing from the ASX will coincide with the SGX listing next Wed at 2pm. Linc Energy expects to raise net proceeds of ~$47.9m through the sale of 47.85m shares. Investors, including institutions, have been allocated 47.35 million shares with 500,000 shares available to the public. The firm has a global portfolio of oil, gas and coal assets in areas including the United States' Gulf Coast region and Wyoming. It had a market cap of A$520.5m ($595m) as at Nov 15 on the ASX. Post the IPO in S?pore, its mkt cap will vault to $685m. The investment arm of Kuala Lumpur-listed Genting is a strategic investor in Linc Energy. Genting has been involved in oil and gas exploration and production through its Genting Oil & Gas unit since 1996. Linc Energy has given Genting the option to subscribe for up to 10.75m shares at the offer price during a six-month period from the listing date. The company plans to use the IPO's net proceeds in various ways. ~$18.8m will be used for the conventional oil and gas business, which includes developing the Umiat field in Alaska. It has earmarked ~$23.5m for its clean energy business, which includes work on underground coal gasification (UCG) projects. The balance will be used to fund working capital and other corporate uses. Linc Energy has 475 employees around the world and has invested ~A$210m in developing its UCG technology in the past nine years. Its gross profit more than doubled to A$65m for FYJun13. | ||||
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teeth53
Supreme |
12-Dec-2013 08:21
Yells: "don't learn through life, learn to grow with life " |
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It is offering 47,850,000 shares at $1.20 each of which only 500,000 is reserved for the public, amounted to raised of S$47.9mil. There will be an over-allotment issue of 4m shares.
Linc Energy was delisting from the ASX to float on SGX to " improve access to capital markets" and reposition the business to deliver its " long-term growth strategy." You can read an article from Bloomberg. http://topics.bloomberg.com/linc-energy-ltd/?cmpid=yhoo.hlinks
The IPO will close on 16 Dec 2013 at 12pm.
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teeth53
Supreme |
12-Dec-2013 07:57
Yells: "don't learn through life, learn to grow with life " |
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Linc Energy launches IPO at $1.20c per share in SGX-ST, ahead of ASX de-listing. | ||||
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teeth53
Supreme |
11-Dec-2013 23:06
Yells: "don't learn through life, learn to grow with life " |
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Asian IPOs set to take off in 2014 - Singapore Business Review Discovered on 11 Dec 2013 at 2:04 am |
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teeth53
Supreme |
11-Dec-2013 22:13
Yells: "don't learn through life, learn to grow with life " |
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Asian IPOs set to take off in 2014
Dec 11, 2013 - 08:36 GMT
After a disappointing run this year. According to EY Global IPO Trends: Q4 2013, The total number of IPOs in Asia in 2013 is expected to reach 347 compared to 414 in the previous 12 months. Proceeds are also down with US$44.4b raised, compared to US$56.2b ? |
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teeth53
Supreme |
12-Nov-2013 23:49
Yells: "don't learn through life, learn to grow with life " |
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Oil / Gas. Rig plus SOV play...Pacific Radiance first trading day tmr in play. Marine stock..in play?, CHEONG...woww hahaha...whao. 
 Only way for players to Huat huat....argh. 
Note hohh - Please do your own due diligence and homework. |
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