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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...
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Grand Venture Technology Limited - Balloting Results

Grand Venture Technology announced that its IPO garners "strong support" in its public release where the 42.918m shares was 1.3x subscribed. The public tranche of 800,000 shares received application for 12.528m shares (over 15x).

Mr Ricky Lee (李添南), Executive Chairman of GVT, said, "We are very encouraged by thepositive response from the investment community to our IPO. We see this as a vote ofconfidence to our prospects and growth plans. This will spur us on to execute our strategy andtake GVT to the next stage of growth".

 The balloting table is as follows:


Good luck to those who applied! 😃
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