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Singapore Institute of Advanced Medicine Holdings Ltd

Singapore Institute of Advanced Medicine Holdings Ltd ("Sam" or the "Company") is offering 114m new shares comprising 4.415m Public Offer Shares and 109.585m Placement Shares at $0.23 each for a listing on Catalist.  The Company aims to raise $26.2m and the majority of the proceeds will be used to repay debt and the balance for working capital. The market cap based on the IPO price is $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am.   Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases.  SAM has strategic collaborations with public and private institutions for research and clinical work.  SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi

Happy 12th Anniversary


Today is 7 of July 2019 - 07.07.2019. A whole 12 years has passed. My first post was horrible 😫 and my last anniversary post was here!

I started this blog with a very simple intent, to blog about why i decided to punt an IPO or not and this blog has actually grown to have a life of its own ðŸŽ‰ 


It 's really quite heartening to see the readership base growing to 7,154  albeit the growth has slowed to a single digit 4% in 2019. ðŸ¤•  I will need to find some ways to improve ðŸ†™ the growth rate again. 

The poor growth rate is probably a reflection of the poor IPO markets in Singapore that affects my readership bases and lack of good quality companies seeking listing in Singapore. Other than REIT sector that is still going strong, the market cap of those de-listings probably outweigh those seeking listings. This is a structural problem that require almost immediate attention but i don't think the relevant parties know where to begin.🤒


Hope the 2nd half of 2019 can be a better year for Mr. IPO, he has been eating "grass" 🌵 for a long time already... and if this continues ... may end up in ðŸ˜‡ 

On a lighter note, thank you all for walking this journey with me. My life would not be the same without your companion.



Comments

aloner said…
Hope you are doing fine? Health is wealth.
russ said…
Happy anniversary mr ipo!thxs for the sharing..����
Any thots on the Prime ipo?