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Happy Chinese New Year 2026

The Horse is a symbol of freedom, independence, stamina, and spirited adventure. The colour Red and the Fire element are associated with passion. Fire is also associated with clarity and change. The Horse is also associated with speed, confidence, and energy.  Wishing all readers a Healthy and Prosperous Year of the Horse and continue to gallop strongly in your pursuit of financial freedom!
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Union Gas - Balloting Results



Union Gas announced that its IPO drew strong support from investors and was 7.1x subscribed.

Ms. Alexis Teo （å¼ æ·‘å©·）, Chief Executive Officer of the Group said: "We are very encouraged by the positive response to our IPO from investors and I extend my deepest appreciation for the confidence they have shown in us. This listing is just the beginning for Union Gas. We have several expansion plans and I hope that our new family of investors will continue to support the Group as we carry out these plans."

The balloting table is presented below for your information:


It is difficult to get the shares through the public offering. Investors who applied for 100,000 shares will have 8% chance of being allotted 6,000 shares. 

The placement was quite likely to be placed out to close friends and relatives as well


Good luck to those who managed to get some shares!

Happy "gassing" ðŸ˜‚

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Anonymous said…
It seems like a good turn-out for the Union Gas IPO. I initially thought the Netlink IPO would absorb much of the liquidity from the IPO market and leave little for the subsequent IPOs for the rest of the quarter.
20 July 2017 at 23:03
Mr. IPO said…
There is ample liquidity. The union gas is a small tranche.
20 July 2017 at 23:42
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