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The Assembly Place - Balloting Results

This is probably one of the most usual press releases that went alongside the SGX announcement of the balloting results. The Company released a full presentation deck , which is actually quite informative, with information of upcoming pipeline etc (probably the Company felt that it is safer to release this after the IPO closes and not before). The balloting table is as follows: The IPO has drawn strong interest from prominent institutional funds such as Avanda Investment Management (as investment manager for and on behalf of its fund(s)) and Lion Global Investors Limited (as investment manager for and on behalf of its clients), along with prominent investors, including Mr Han Seng Juan, Mr Rudolf Jurgen August Rolles and Mr Chong Soon Kong @ Chi Suim2 , underscoring strong confidence in TAP's investment proposition. Separate from the Invitation, cornerstone investors, namely Apricot Capital Pte. Ltd., Asdew Acquisitions Pte. Ltd., Cache Capital Pte. Ltd., ICH Synergrowth Fun...

Balloting Results - Overseas Education LImited

The results for Overseas Education Limited is out.


It is very difficult to get.  Those who applied for 100 lots will have a probability of 24% and get only 5 lots.


Placement Tranche


There is quite a bit of institutional demand.... The IPO will probably start with a big pop tomorrow. 

Bee tang for the lucky ones :) Both my applications not successful... :(


Comments

James said…
Several branded institutions in the placement tranche. Should be a nice fireworks tomorrow to end the week before the CNY.
Mr. IPO said…
Seems like easier to get if u apply 10-49 lots. My bro and mum got 3 lots each. Haha
Raymond said…
Got 3. Thanks for the good writeup.
Anonymous said…
thks for the recommendation Mr IPO!

30% profit is good enough for me.

I'm out of this. =)

Looking forward to more writeups from ya.
Mr. IPO said…
Pleasure. Think quite a few get this. :) a good Ang Pow. Haha
Anonymous said…
Mr IPO, applied for the IPO but didnt get this...

Considering the yield at current price (with assurance from mgt to give out 50% div), would you consider this for long term investment?
Mr. IPO said…
I guess I will monitor it for a while.