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 $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am. Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases. SAM has strategic collaborations with public and private institutions for research and clinical work. SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi
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ref: SGX Singapore
(haha, sorry, forgot to subscribe to email if there's a reply...)
Better stay clear from this IPO
Issuer: Dynasty Real Estate Investment Trust
Ticker: TBC – Units will trade under 2 different tickers, one each for SGD and RMB
Currency of Issue:
Dual currency – S$ and RMB
Sponsor: ARA Asset Management Limited
IPO Listing: Singapore Stock Exchange Mainboard
Total Units Outstanding: 1,147,730,000 Units
Issue Size (incl. cornerstone): Up to 1,038,900,000 Units, representing up to c.S$955m / US$775m / RMB4,883
Free Float %: Up to 90.5%
Sponsor Stake Post-IPO: Up to 10.1%
Offer Structure: Institutional and Public Tranche – Up to 901,292,000 Units or up to c.86.8% of the offer representing up to c.S$829m/RMB4,236m
Cornerstone Tranche – 137,608,000 Units or up to c.13.3% of the offer representing up to c.S$126m / RMB647m
Cornerstone Investors: Amundi (32.6m units – up to S$30m);
Credit Suisse AG (105.0m units – up to S$97m)
Offering Price: S$[0.86] – S$[0.92] per Unit / RMB4.4 – RMB4.7 per Unit
Implied Yield Dec 2012E: 6.8% – 7.1% (Annualized)
Implied Yield Dec 2013E: 7.0% – 7.3%
Lock-Up: Sponsor stake – 100% for 180 days, 50% for additional 180 days