King Wan Corporation

(23-08-2013, 11:18 AM)cif5000 Wrote: SEC has approved KTIS IPO and the market is not responding to it? Was this already factored into the price already?

did they? i didnt see any news...

(23-08-2013, 11:23 AM)l0nEr Wrote:

(23-08-2013, 11:18 AM)cif5000 Wrote: SEC has approved KTIS IPO and the market is not responding to it? Was this already factored into the price already?

did they? i didnt see any news...

Seems to me...according to the link provided by BestPrice.

http://www.valuebuddies.com/thread-1866-...l#pid56746

approval is largely anticipated.....the actual listing will be the key....what's the listing date? IPO price?

no idea.

http://capital.sec.or.th/webapp/webnews/...2013-07-05
interestingly.. this website has 2 "KASET THAI INTERNATIONAL SUGAR CORPORATION PUBLIC COMPANY LIMITED" with different amount of stocks. The first one is approved on 16 August.
Didnt see any news on it though.

looking at the Thailand stock market... doesnt look like a good time to be listed.

(23-08-2013, 02:09 PM)l0nEr Wrote: no idea.

http://capital.sec.or.th/webapp/webnews/...2013-07-05
interestingly.. this website has 2 "KASET THAI INTERNATIONAL SUGAR CORPORATION PUBLIC COMPANY LIMITED" with different amount of stocks. The first one is approved on 16 August.
Didnt see any news on it though.

looking at the Thailand stock market... doesnt look like a good time to be listed.

957,827,000 shares = 585,427,000 new shares + 372,400,000 existing shares

http://www.set.or.th/en/company/ipo/upco...o_set.html

Good news!! KTIS IPO finally approved on 16 August 2013 but is still without the effective date of filing.

http://capital.sec.or.th/webapp/webnews/...2013-08-23


According to the following site:

http://www.set.or.th/en/company/ipo/upco...o_set.html

KTIS IPO size is: Not more than 957,827,000 shares(Not more than 585,427,000 new shares and Not more than 372,400,000 existing shares)

It seems like only the listing of 585.43 million new shares is proved. The listing of the 372,400,000 existing shares is not shown.

Could it be KTIS decided not to include the 372,400,000 existing shares in it's IPO?

(23-08-2013, 07:37 PM)BestPrice Wrote: Good news!! KTIS IPO finally approved on 16 August 2013 but is still without the effective date of filing.

http://capital.sec.or.th/webapp/webnews/...2013-08-23


According to the following site:

http://www.set.or.th/en/company/ipo/upco...o_set.html

KTIS IPO size is: Not more than 957,827,000 shares(Not more than 585,427,000 new shares and Not more than 372,400,000 existing shares)

It seems like only the listing of 585.43 million new shares is proved. The listing of the 372,400,000 existing shares is not shown.

KWAN has a 17.5% stake in this project which is due for launch soon

The Skywoods is the new luxurious residential development which is located at the lush greenery of Dairy Farm Estate.

Developer: Bukit Timah Green Development Pte Ltd
Address: Dairy Farm Road
District: 23
TOP: 2016
Tenure: 99 Years
Total units: 420

Mixed Units
1+Study (527-581 sqft) - 28 units: $715k - $780k
2 bedrooms (614 - 840 sqft) - 70 units: $850k - $980k
3 bedrooms Compact (872 - 1119 sqft) - 84 units: $1.2m - $1.35m
3 bedrooms Standard (990 - 1184 sqft) - 126 units: $1.25m - $1.35m
4 bedrooms Compact (1119 - 1389 sqft) - 56 units: $1.38m - $1.58m
4 bedrooms Standard (1292 - 1496 sqft) - 28 units: $1.59m - $1.68m
Penthouses (592 - 1628 sqft) - 28 units

The Skywoods is Within 5mins stroll to Future Hillview MRT
The Skywoods 7 mins stroll to Rail Mall
The Skywoods 3 mins drive to Hillion Mall
The Skywoods 3 mins drive to Junction 10
The Skywoods 2 mins drive to Bukit Panjang Plaza
The Skywoods Within 1km to Bukit Panjang Primary & CHIJ Our Lady Queen of Peace

The Stock Exchange of Thailand (SET) will shorten the initial public offering (IPO) time frame to enable IPO shares to trade on the exchange within three working days after the subscription date ends, down from the previous four working days, to reduce risks for stockholders, effective from September 9. If KTIS IPO its shares after September 9, the shares can start to trade one working day earlier.

http://www.newswit.com/.fin/2013-08-21/e...914185dac/

(25-08-2013, 01:19 PM)BestPrice Wrote: The Stock Exchange of Thailand (SET) will shorten the initial public offering (IPO) time frame to enable IPO shares to trade on the exchange within three working days after the subscription date ends, down from the previous four working days, to reduce risks for stockholders, effective from September 9. If KTIS IPO its shares after September 9, the shares can start to trade one working day earlier.

http://www.newswit.com/.fin/2013-08-21/e...914185dac/

Hmm....one day earlier....doesn't sound like a big deal...