Thursday, 24 April 2014

PACC Offshore Services Holdings Ltd - Balloting Results

The balloting results is finally out at 10pm.

Please find below the balloting table for the public tranche.

While the chances to get is almost 68% to 100%, at least they are kind enough to give you less than what you asked for. Investors who applied for 50 lots will almost "guaranteed" to receive about 11 lots.


The over-allotment issue is also triggered, meaning that the stablizing manager will buy if the share price drops below the IPO price of $1.15.

Institutional Investors

The institutional investors are almost "absent" except for Lion Global (under OCBC/Great Eastern) and under Fullerton Fund Management Company. I don't think they will be of much an impact to the debut.

The shares will start trading at 9am tomorrow morning.

Happy IPOing if you have bought.

1 comment:

Sofiya Lim said...

Attractive blog post,I have found some really good terms in your blog related to SGX stock picks and singapore share market update.

Related Posts Plugin for WordPress, Blogger...

Google Analytics