Skip to main content

IPO Chilli Ratings

IPO Chilli Ratings
Click to understand how it works

Featured

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...

EMAS Offshore Limited - Balloting Results

EMAS Offshore Limited announced its balloting results today.


This is one of the "worst" application results i have seen whereby investors who applied for 1 to 39 lots are "fully alloted" and investors who applied more than 40 lots will be allotted some shares but it is "bao tiok" ~ 100% will get it. It is "bao tiok" and not "bao jiak". 


Do note that the shares can be fully arbitrage and that i had given it a zero chilli rating. The oslo price as of today remained at S$1.01 thereabouts. Be prepared for a rout on its listing next Wednesday...

Comments

Anonymous said…
Reminds me of HPH Trust IPO years back :)
^_^ said…
Market is quite bad now
RIP for those who got it
Mr. IPO said…
yeah...market has been downtrending for a while liao...
just blogwalking.. nice post :D