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Singapore Institute of Advanced Medicine Holdings Ltd

Singapore Institute of Advanced Medicine Holdings Ltd ("Sam" or the "Company") is offering 114m new shares comprising 4.415m Public Offer Shares and 109.585m Placement Shares at $0.23 each for a listing on Catalist.  The Company aims to raise $26.2m and the majority of the proceeds will be used to repay debt and the balance for working capital. The market cap based on the IPO price is $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am.   Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases.  SAM has strategic collaborations with public and private institutions for research and clinical work.  SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi

Heads up - Far East Hospitality Trust

Received this email from my OCBC broker yesterday. Need to do some homework this weekend. 

Dear All

We are pleased to announce the Initial Public Offering of Far East Hospitality Trust on SGX-ST (the "IPO").    OCBC Bank is one of the four Joint Bookrunners and Underwriters for the IPO. The other Joint Bookrunners and Underwriters are Goldman Sachs, HSBC and DBS.

Do contact me if you are keen in indicating your interest in the IPO of Far East Hospitality Trust on SGX-ST.

The order books for Far East Hospitality Trust placement tranche are now open. Indicative book closure time/date is 5pm on Tuesday, 14 August 2012 (subject to earlier closure). The final price for this IPO has not been determined but will be within the range of S$0.86 to S$0.93 per stapled security.  We are only taking orders at strike price, ie S$0.93 per stapled security. 

For your information, the 10 cornerstone investors for this IPO are:
-  Aberdeen Asset Management Asia Limited, AIA, APG Strategic Real Estate Pool, Havenport Asset Management Pte. Ltd., Hwang Investment Management Berhad, Indus, JF Asset Management Limited, Lion Global Investors Limited, Myriad Asset Management Limited and NTUC Income Co-operative Limited.

The draft prospectus of Far East H-Trust has been lodged with the MAS, URL as follows:- 
http://masnet.mas.gov.sg/opera/sdrprosp.nsf/e25d3309aa11eacd48256f64000f86d1/D8A63278B2BDF84348257A4F002DF46F/$File/Far%20East%20H-Trust%20%20Preliminary%20Prospectus%20(Main%20Text).pdf

Please see issue statistics as follows:



Comments

K said…
This comment has been removed by the author.
K said…
Hi,

I would appreciate if you can comment on why you believe this trust has fallen so much from an IPO of $0.93, high of $1.13 to current price of $0.81. I would like to avoid it the next time. Thanks.