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Food Innovators Holding Limited

Food Innovators Holdings Limited ("FIH" or the "Company") is offering 14m shares at $0.22 each, for which 13m shares will be through placement and the remaining 1m shares via a Public Offer. The IPO will close on 14 Nov at 12 noon and starts trading on 16 Oct 9am.  FIH has two business models - the first is to be a master lease and sublease the space to other tenants and the second is to operate and manage restaurants.  The Company currently has 12 restaurants in Japan, 10 in Singapore and 4 in Malaysia. The market cap based on the IPO price is around $24.9m. Financial Highlights FIH's revenue grew from $37.8m in FY2022 to $43.8m in FY2024. It is quite funny to see that being a master land lease holder has a higher margin than operating the restaurants, once again illustrating the point that it is better to be a landlord to shake leg and collect rent. According to the prospectus, the PER is around 19x. The Company intends to pay 20% of its net profit after ...
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SPH REIT - Balloting Results

SPH announced its balloting results.

The placement tranche was oversubscribed 42x and the public offering was oversubscribed by 25x. 

The balloting table is as below:

It is not difficult to get. If you apply for 50 lots, you will get 50% chance of getting 4 lots each, which in my view, is very low quantum!!

Mr IPO's results

Ok not successful for me but wifey got 3 lots.  Probably I never wear my red underwear when i apply for the shares.  :(

But thankfully, still have 15 lots from placement tranche :P

Happy IPOing.


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Anonymous said…
I Apply 100 lots from placement only got 3 lots sia...sianz...
24 July 2013 at 01:51
Irene lye said…
Hello, how did you get the placement tranche?
24 July 2013 at 07:06
Irene lye said…
How did u get the placement tranche
24 July 2013 at 07:07
Mr. IPO said…
Refer to top right of this blog under "for newbies"
24 July 2013 at 07:11
Tan said…
Applied for 30000 shares on closing date @ 1145hrs. Got none... waste $2...haha
24 July 2013 at 11:18
Mr. IPO said…
Haha the timing part not proven. I hardly do it myself. I always apply the night before. :-P
24 July 2013 at 11:52
Anonymous said…
Mr IPO, are you going to keep or sell? Do you have any target price for this?
24 July 2013 at 14:03
Mr. IPO said…
I have already given u the fair trading range of 88-99 cents. Do what u deem best.
24 July 2013 at 14:25
Anonymous said…
thank you !! :-)
24 July 2013 at 14:33
Ming said…
Got a puny 3 lots but I am going to keep these. The fundamentals e.g. Paragon's location, income support and addition of Seletar Mall (hopefully not at a crazily inflated price) in 2014 makes this one for keeps.
24 July 2013 at 16:40
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