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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...
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QT Vascular - Placement results

The placement results for QT Vascular throw up an interesting surprise.

In addition to the substantial shareholders who continue to support the company such as EDB and Johnson and Johnson, there is a new shareholder just below 5%, Asdew.

Asdew Acquisition - Alan Wang took a very substantial stake in the Company. He is the same person behind very Hankore placement before it more than doubled from 5c.

There is another investor called Havenport which I have previously blog about, founded by the team at Legg Mason.

Let's see if the 2 new substantial shareholders can perform some magic to the counter.
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KLSE Stock Analysis said…
Are this placement results regularly updated or it tool more than a week for you to post something about this.
20 July 2015 at 19:12
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