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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...

Shopper360 - Placement Results

Shopper360 Limited ("Shopper360" or the "Company") announced that is IPO attracted strong interest from institutional investors. There is no public offering (which is why it can't get the highest rating from me).

Ms Chew elaborated, "As a listed company, we are now in a better position to fortify our market position and stay ahead of the competition. The increasing importance for shopper engagement and experience, bolstered by a proliferation of brick-and-mortar retail stores, bode well for us, as the synergistic nature of our business segments enables us to provide integrated solutions to our customers at every touch point – from pre-store, in-store to post-store. We also have a strong pipeline to introduce new innovative mediums to our existing suite of services, and are well-placed to capture opportunities in the digital economy."

The shares were placed out to an interesting list of investors, including Asdew (Alan Wang), Island Asset Management and BTS Group. Interesting to see a Thai public listed company venturing into this space, hopefully it is for strategic reasons lol. I am sure many of you have taken BTS before while in Bangkok.

 

Good luck to those who managed to get some placement shares.

Happy shopping.

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