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Happy Chinese New Year 2026

The Horse is a symbol of freedom, independence, stamina, and spirited adventure. The colour Red and the Fire element are associated with passion. Fire is also associated with clarity and change. The Horse is also associated with speed, confidence, and energy.  Wishing all readers a Healthy and Prosperous Year of the Horse and continue to gallop strongly in your pursuit of financial freedom!
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PACC Offshore Services Holdings Ltd - Balloting Results

The balloting results is finally out at 10pm.

Please find below the balloting table for the public tranche.


While the chances to get is almost 68% to 100%, at least they are kind enough to give you less than what you asked for. Investors who applied for 50 lots will almost "guaranteed" to receive about 11 lots.

Over-allotment

The over-allotment issue is also triggered, meaning that the stablizing manager will buy if the share price drops below the IPO price of $1.15.

Institutional Investors

The institutional investors are almost "absent" except for Lion Global (under OCBC/Great Eastern) and under Fullerton Fund Management Company. I don't think they will be of much an impact to the debut.

The shares will start trading at 9am tomorrow morning.

Happy IPOing if you have bought.


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Unknown said…
Attractive blog post,I have found some really good terms in your blog related to SGX stock picks and singapore share market update.
30 May 2014 at 15:39
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