CMC Infocomm Limited - Balloting Results

Posted by Mr. IPO June 01, 2026

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...

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..

13 August 2015 at 09:13