Skip to main content

IPO Chilli Ratings

IPO Chilli Ratings
Click to understand how it works

Featured

The Assembly Place - Balloting Results

This is probably one of the most usual press releases that went alongside the SGX announcement of the balloting results. The Company released a full presentation deck , which is actually quite informative, with information of upcoming pipeline etc (probably the Company felt that it is safer to release this after the IPO closes and not before). The balloting table is as follows: The IPO has drawn strong interest from prominent institutional funds such as Avanda Investment Management (as investment manager for and on behalf of its fund(s)) and Lion Global Investors Limited (as investment manager for and on behalf of its clients), along with prominent investors, including Mr Han Seng Juan, Mr Rudolf Jurgen August Rolles and Mr Chong Soon Kong @ Chi Suim2 , underscoring strong confidence in TAP's investment proposition. Separate from the Invitation, cornerstone investors, namely Apricot Capital Pte. Ltd., Asdew Acquisitions Pte. Ltd., Cache Capital Pte. Ltd., ICH Synergrowth Fun...

Keppel KBS US REIT - Balloting Results

Keppel KBS US REIT announced that its IPO received strong response and the public tranche was 6.7x subscribed. 

The public balloting table is presented below:


Investors who applied for 50,000 shares will have a 46% chance of being allotted 15,000 shares. 

I did not apply for the public tranche as I was allotted 50,000 units from the placement tranche. 

"The positive demand from both institutional and retail investors is a reflection of their confidence in Keppel-KBS US REIT's high quality portfolio and unique investment proposition that is backed by strong visible growth opportunities, both organically and through future acquisitions." - Manager

My personal view is that the relatively small issuance size and 6.7x subscription rate will imply a decent debut for the IPO. It will start trading at 2pm on 9 Nov. 

Good luck to those who applied and managed to get some shares! 😊

Comments

Anonymous said…
Hi Mr. IPO

any advise on the 2 coming IPOs: Non Sign board & Mindchamps IPO?
Thanks a lot.
Anonymous said…
Hi
I would like to ask if you will analyse about the current RE&S holdings IPO if it is worth trying for a few lots & if you’re personally getting it as well either through public or placement tranche?
Thank you so much in advance! :))
Mr. IPO said…
Analyses will be out this weekend. Pls join my FB page if you want instant notification :)