IPS Securex

[CityFarmer]

While other small caps are preparing share consolidation, the company proposed share split. A 1-to-3 split, means the share price is about 25 cents per share ex-split...

(not vested)

IPS Securex proposing 3-for-1 share split to improve liquidity

SINGAPORE (Aug 31): IPS Securex Holdings, the provider of security products, is proposing a share split of every one existing share held by shareholders of the company into three shares.

Kelvin Lim, CEO of IPS Securex, believes the split will further increase the market liquidity of its shares, broaden its shareholder base and provide greater affordability and accessibility for investors who wish to participate in the equity of company.
...
http://www.theedgemarkets.com/sg/article...-liquidity

[CityFarmer]

It has improved the shareholding structure, but the free float still very low at 15-16%...

(not vested)

IPS Securex gets new substantial shareholders with $6.3 mil deal

SINGAPORE (Sept 25): IPS Securex Holdings has placed out 8.9 million shares to “certain institutional investors” at 71 cents per share to raise $6.32 million.

“This transaction when completed may be viewed as an affirmation of the level of institutional interest in IPS Securex and their belief in the long term growth prospects of the company,” says Kelvin Lim, executive chairman and CEO.

On completion of this sale, the new shareholders will own 5.5% of the company. IPS Technologies, the controlling shareholder, will hold 51.2%.

IPS Securex is a regional provider of various security products and security solutions.

As at 4.45pm, shares of IPS Securex gained 0.5 cents to 79 cents.
http://www.theedgemarkets.com/sg/article...3-mil-deal

[CityFarmer]

The company growth story continue...

(not vested)

IPS Securex receives $64.46 mil LOA for Hyperspike products

SINGAPORE (Dec 14): An IPS Securex Holdings ( Valuation: N/A, Fundamental: N/A)’ unit has received a $64.46 million Letter of Award (LOA) for the sale of Hyperspike acoustic hailing devices and their supporting accessories for delivery to a certain customer in Southeast Asia.

The sale is envisaged over a period of five years by December 2020, subject to the issue of the relevant purchase orders.
...
http://www.theedgemarkets.com/sg/article...e-products