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The Assembly Place IPO

   The Assembly Place Holdings Ltd. IPO Overview Company:   The Assembly Place Holdings Ltd. Listing venue:  Singapore Exchange (SGX) —  Catalist  board Offer type:  IPO (Public Offer + Placement + Cornerstone) Sponsor / Issue Manager:  SAC Capital Private Limited The Company is offering 50.3m shares of which 48.3 will be via placement and the balance 2m shares via public offering.  The IPO will close on 21 Jan 2026 noon and start trading on 23 Jan 2026 at 9am.   Business Description The Assembly Place (TAP) is  Singapore’s largest  community living operator * by number of keys under management, operating under an  asset-light  model that leases and manages accommodation properties rather than owning them outright. As at 17 Dec 2025, TAP managed  ~3,422 keys across ~100 property assets  in Singapore, spanning multiple living sectors. TAP’s portfolio includes: Residential co-living  spaces (for singles a...
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NoonTalk Media Limited

For Information Only


Sorry I missed this write up as I was traveling, hence this post is pure for records purpose. 

Even if I am around, I am unlikely to give it a good rating given just how poor market sentiments had been.

NoonTalk Media Limited ("NoonTalk" or the "Company") is a Singapore-based media entertainment company that specialises in artiste and talent management, multimedia production and event conceptualisation.

The Company is offering 22m shares at Singapore 22 cents each, of which 4.5m is via public offer and 17.5m via placement. Based on the IPO price, the market cap is S$43.6m

The IPO opened on 14 Nov and closed on 17 Nov 12 Noon. 

 I have never seen such a "short" IPO window. I am sure they met the legal requirement for the minimum IPO roadshow period but to have it for 2.5 days, it means that they have already placed out the hands to friends and family before launching the IPO. 

The books were covered by Lim Hock Leng (MD of Sheng Siong Group) who took 4.4m shares, Union Energy (2m shares) and Qilin Wealth Fund - Family Office (1.35m).

Dasmond Koh, the founder and CEO owns about 62.55% of the Company post IPO and two other popular artists who worked for him are Xu Bin and Kimberly Chia.

I don't really know how to value this Company as it is project driven and it is also tough to account for the "extra income" received by their artistes. For example, the red packets received by these artistes, do they go to the Company or to their pockets directly? lol. 

Thankfully I don't have to give them any chilli ratings! I just cut and paste the pictures below from the IPO prospectus for reference.

Company Prospects

Core Business Segments


Competitive Strengths



Profit and Loss

As you can tell from the profit and loss statement, the Company is making barely any profits over the last 3 years





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