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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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Sheffield Green Ltd - Balloting Results

Sheffield Green announced that it attracted "strong" interest from both placement and retail investors. I am sure both Niks and Sheffiled use the same dictionary for the definition of "strong".

Anyway, the public offer was 1.4x subscribed (not "oversubscribed as indicated in the press release). 



Fingers crossed on how this IPO will perform tomorrow. 

Given how Niks performed on Friday, it will take a miracle for Sheffield to open above water tomorrow and given how likely it will debut below water, I will declare that our Singapore IPO window is dead (again).

Back to grass eating time and I have dutifully performed my national service as well. ðŸ¤•



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