Skip to main content

IPO Chilli Ratings

IPO Chilli Ratings
Click to understand how it works

Featured

Singapore Institute of Advanced Medicine Holdings Ltd

Singapore Institute of Advanced Medicine Holdings Ltd ("Sam" or the "Company") is offering 114m new shares comprising 4.415m Public Offer Shares and 109.585m Placement Shares at $0.23 each for a listing on Catalist.  The Company aims to raise $26.2m and the majority of the proceeds will be used to repay debt and the balance for working capital. The market cap based on the IPO price is $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am.   Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases.  SAM has strategic collaborations with public and private institutions for research and clinical work.  SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi

CMC Infocomm Limited - Balloting Results

CMC Infocomm announced it balloting results this evening where the shares were subscribed by 4.68x.


Public investors who apply for 100,000 shares will have a slightly better than 50% chance and be allotted 7,000 shares. The balloting table is below.


I didn't realize it has one of the largest public tranche this year... must be a brave soul to do that and have to 'credit' them for that. :oP


I can't believe the Sponsor made such a mistake in announcement though. Based on the table below, do you think Kevin Phua applied and was allotted 50,000 or 50,000,000 shares and KCS applied for 2 million or 2 billion shares? so obviously, they should have deleted the '000 at the top of the table (circled in red).


I have to say the market sentiments is horrible right now. Let's see how it performs at debut ^_^

Happy IPOing

Comments

Anonymous said…
It proves that when something is easy to get, better dun get it.. U got 100 lots so easily means danger ...

really underwater now. 22.5 cents.. U losing quite a lot for ur 100 lots.

I cut loss early in the morning at 24.5 cents..
Mr. IPO said…
:) good for you.