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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...
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World Class Global - balloting results

Word Class Global announced that it's IPO was 2.1x subscribed and also triggered the over-allotment. 

The balloting table is presented below. Investors had a 50% chance of getting the shares.


Mr Ng Sheng Tiong, Executive Director and CEO of WCG, commented, "We are highly encouraged by the positive response we have received for our IPO. This clearly demonstrates the strong confidence that the investors have in WCG's investment story. With the success of our IPO, I am optimistic that we are now well-placed to develop our property assets in Australia and Malaysia to their fullest potential."
 Good luck to those who got it... hope the founders support the shares after "cashing out" ...
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Anonymous said…
Hi, I am new into buying ipos. Hence I would appreciate if you could take some time off to answer my questions. I do have a CDP account, but have yet to find a broker. If lets say, DBS Vickers is my broker, can I ring up my broker to ask them on the amount of shares they are able to offer me, instead of bidding it from the atm? Also, if I were to sell off my shares, can I do it via online platform instead of ringing up my broker? Thanks a lot.
15 June 2017 at 02:38
Malcolm Loh said…
weak debut. 27 cents.
15 June 2017 at 09:13
Mr. IPO said…
Your broker can only help you bid for placement provided they are the underwriter or lead manager.

Once the shares are in your CDP account, you can sell through any brokers. Be it online or offline.
15 June 2017 at 15:15
Unknown said…
HRnetGroup on Thursday launched a S$174 million initial public offering (IPO) on the Singapore Each mainboard at a price of S$0.90 per share for about 193.4 million shares.

More than half of that, at about 103.9 million shares, will go to cornerstone investors. The remaining 89.5 million shares, there will be a public tranche of 3.8 million shares. The public tranche includes 440,800 shares reserved for the group' s directors and employees.
19 June 2017 at 19:04
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