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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

Happy Chinese New Year



A Happy Chinese New Year to those who celebrate it. Best wishes for abundant good wealth and health. 

A Happy Holidays for those who don't celebrate :)

It is interesting to note that Snake has never been the most popular creature with mankind since ancient time, be it from the biblical times to the main characters from Slytherin in Harry Potter to many Hollywood movies such as Anaconda or Snakes in the Plane. Even Chinese Idioms are "very negative" when it comes to snakes, such as 蛇鼠一窝, 画蛇添足,蛇蝎为心. 

Will the year of the Snake be a good year for the stock market as well? We shall check back again next year. 

STI was 3,270.30 on Chinese New Year's eve, 8 Feb 2013. Let's see how it performs in the next 12 years. My guess is that it will slithers sideways with many highs and lows, creating many opportunities. Catch it well and you will slither your way to riches, catch it at the wrong end and be bitten by the snake. ^_^

Comments

Li said…
Gong xi fa cai, Mr IPO!
Mr. IPO said…
恭喜发财! ^_^