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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...

Trans-China Automotive Holdings Limited - Balloting Results

Trans-China announced that its public tranche was 8x subscribed but on an overall basis, 1.2x subscribed.

The balloting table is presented below and you can see that all investors who applied, received something. Investors who apply for 100,000 shares will receive around 10,000 allocation.



It is good to know that reputable asset managers such as Aberdeen, Templeton and Pheim are participating in this issuance. As such, I would expect the debut to be well supported tomorrow, despite the low subscription rate.



Good luck to those who applied! Vroom vroom!!

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