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The Assembly Place IPO

   The Assembly Place Holdings Ltd. IPO Overview Company:   The Assembly Place Holdings Ltd. Listing venue:  Singapore Exchange (SGX) —  Catalist  board Offer type:  IPO (Public Offer + Placement + Cornerstone) Sponsor / Issue Manager:  SAC Capital Private Limited The Company is offering 50.3m shares of which 48.3 will be via placement and the balance 2m shares via public offering.  The IPO will close on 21 Jan 2026 noon and start trading on 23 Jan 2026 at 9am.   Business Description The Assembly Place (TAP) is  Singapore’s largest  community living operator * by number of keys under management, operating under an  asset-light  model that leases and manages accommodation properties rather than owning them outright. As at 17 Dec 2025, TAP managed  ~3,422 keys across ~100 property assets  in Singapore, spanning multiple living sectors. TAP’s portfolio includes: Residential co-living  spaces (for singles a...

Is multiple applications for IPO permitted?

I think many investors were asking this question on whether multiple applications are allowed for IPOs. The answer is - it depends usually on the size of the issue. 


For small IPO issue where they have trouble attracting the 'minimal' 500 or 1,000 shareholders, multiple applications is strictly not allowed. This is because the IPO issue manager is trying to ensure a reasonable spread among investors such that they are able to fulfill the minimum number of shareholders listing requirement. 


For big IPO issues such as Global Logistics or Mapletree Industrial Trust, they have no issue or problems attracting and meeting the minimum shareholders requirement. In such IPOs, you can still apply at the ATMs using CPF or Cash even though you are already allocated some shares under the placement tranche. This is because during the book-building exercise, the issue manager already know that they have met all the listing requirements, especially the minimum no. of shareholders requirement.


Hope this answer the query you have. For avoidance of doubt, do consult your remisier or broker but of course, the 'never do homework' ones will not be able to advise you properly. Happy IPO investing.

Comments

Anonymous said…
i tried apply second applications for the mapletree but was not allow eh..
Mr. IPO said…
Err... who forbid you ah? I got both public and private placement tranche.
Anonymous said…
Hi, though I sounds noob, but may I ask a question on how to apply for private placement of shares?
Mr. IPO said…
You can either be the bank's private banking clients or IPO club members. Sometimes you can also ask the dealers for the allocation if you generate good brokerages to them.
Anonymous said…
Oh i see, thanks for the information :)
Jones said…
Hi, what if you apply twice for IPO through the bank? (ie both public tranches) Will it still be possible?
Mr. IPO said…
I believe that will be considered multiple applications and not permitted. But as i mentioned, it really depends on the size of the issue, so it wont be good to check with the broker before doing such silly' things hahaha....