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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...

Aztech Global Ltd - Balloting Results

Aztech announced that its public offering was 18.4x subscribed. Considering the weakness of NASDAQ leading up to the launch, it is definitely a decent subscription rate, albeit a small issuance size of 3.5m shares.

The balloting table is presented below for your information. Investors have at least a 50% probability of receiving some shares.



Let's see how it debut tomorrow.

Comments

Anonymous said…
Wasn't this stock Aztech delisted before, Now it is back, The Boss is suck, con investor money an dnow back for a second round
Unknown said…
It's going to hit 1.40 very soon.