No Signboard Holdings Ltd - 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...

No Signboard Holdings Ltd ("No Signboard" or the "Company") announced that its IPO of 65,734,500 shares received overwhelming response from investors.

At the close of IPO, the public tranche of 2.5m shares was 268.6x subscribed.

Commenting on the strong support for the IPO, Mr Sam Lim (林荣森), Executive Chairman and Chief Executive Officer of No Signboard said, "We are very encouraged by the overwhelming response to our IPO from cornerstone investors, institutional investors and the public, as they clearly recognise our growth potential. We have had over 30 successful years in the F&B business and to bring the Group to the next level, with the aim of delivering significant growth in shareholders' value, we will focus on our expansion roadmap that includes launching a new casual dining concept, expanding our premium beer operations and venturing into the ready meal business."