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IPO Chilli Ratings

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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...

Propnex Limited - Balloting Results

Propnex announced that its public tranche was 24.6x subscribed and combining both public and placement tranche, the offer was 2.2x subscribed.

The balloting table is below for your reference. You can see that the majority of the shares were allotted to those who applied between 100,000 to 499,900 shares and they have a 58.5% probability of receive 8,000 shares each.


Good luck to those who applied and got some share! :)

Happy propnexing!

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