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Toku Ltd - Balloting Results

Toku , a Singapore-incorporated AI-powered customer experience (CX) platform, today announced the successful close of its initial public offering. The Company will be listed on the Catalist Board of the Singapore Exchange Securities Trading Limited following the completion of the offering, marking the first IPO of 2026 for the exchange.   You may refer to the ballot results below: Sharing the key highlights from the press release, as well as a quote from Thomas Laboulle, Founder and CEO, Toku.  Toku, the Singapore-incorporated AI-powered customer experience (CX) platform secures full subscription on SGX Catalist, raising  S$16.25 million  at  S$0.25  per Invitation Share.  The Public Offer attracted strong interest and was  31.9 times subscribed , from 1,115   valid applications for  63,888,300 Public Offer Sh...
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IPOing 101 - how to read a balloting table

Further to my posting, I received some queries from readers on why they never get a single share when they apply for the recent IPO.

The answers to your question .... 

(1) It is not guaranteed that you will get what your applied for, in fact, there is a very high chance that you will get nothing and your $2 ATM fee is "wasted".

(2) Even if you are successful in your application, you will probably get less than what you applied for.

The IPO balloting results will usually be announced the day after the IPO closes on the sgx website. So look out for it or you can check this blog, if I am not lazy, i will most likely post the results.

The picture below shows you how to read a balloting table. 

Step 1 - Look for the red column to find what where your application falls into based on the number of shares you applied for.


Step 2 - After you find the correct row that correspond to the number of shares you applied, read it across the table.

The example in the picture below illustrates how a person who applied for 35,000 shares at the most recent Far East Hospitality Trust IPO should read the table.





Hope this helps. Happy IPOing.

Part 1 - How to apply for IPO shares 
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Unknown said…
Hi,

So what happens if I'm one of the lucky ones? Would I receive any notifications? Or would I be able to see it on my vickers/CDP account?

17 July 2017 at 22:33
Mr. IPO said…
You will be able to find out via (1) whether cash had been refunded to your account (2) ESA results (internet banking) (3) CDP online whether the shares have been credited.
18 July 2017 at 08:46
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