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Singapore IPOs: Why I No Longer Cover Every Listing

Some readers may have noticed that I have not been writing about every Singapore IPO since last year. The simple reason is that life has become busier. Between my day job, an increasingly packed travel schedule, family commitments and desire to play more golf, I have become much more selective about how I spend my time.  Writing detailed IPO reviews takes time — reading prospectuses, analysing financials, comparing valuations and understanding the competitive landscape. While I still enjoy investing and writing, I no longer feel the need to cover every IPO that comes to market. Instead, going forward, I will probably focus only on IPOs where I am seriously considering investing my own money or where there is something particularly interesting that is worth discussing. I suspect this will make the blog more useful as well. Rather than writing about every deal, I can spend more time sharing my thoughts on the handful that I believe deserve attention. That bring...

UG Healthcare - Balloting Results

UG Healthcare announced its balloting results where its overall IPO was 11.5x oversubscribed.

The balloting results are as follows:

It is quite difficult to get the shares from the public tranche and if you apply 100 lots, your probability is around 11% and you will get 10 lots.


It is interesting to note that the placement tranche holders are Centurion Private Equity (the outfit from Han Seng Juan and David Loh). I have not seen KSC (S) Pte Ltd nor Lim Hoe Kok before. If you know who they are, please tell me. hahaha

UG Healthcare should do well on debut. 

Happy IPOing.

Comments

Anonymous said…
Ballot.never get any lot. sad
Derek said…
You are not alone dude. It will be interesting to see how this IPO fares when it open.
just blogwalking.. Nice post and have a nice day :)