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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
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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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