SG Upcoming IPO

[CY09]

F&B better not touch.  Which F&B is multi bagger that u seen?

Old Chang Kee which owns curry Times, Japan food Holdings, Breadtalk Group

[Reyes]

Oxley's bonds under placement see four times subscription

HOMEGROWN developer Oxley Holdings said on Wednesday its maiden offering of four-year retail bonds to private banking, and institutional and other investors under the placement has been oversubscribed with a subscription rate of about four times.

The placement of up to S$25 million received valid applications in respect of about S$100 million in aggregate principal value of bonds within a day of launching the offer.

In view of the strong interest received, S$50 million of bonds from the public offer were reallocated to the placement such that S$75 million of bonds are being offered under the placement and S$50 million under the public offer.

Oxley had on Tuesday launched its maiden retail bond offering of up to S$125 million of four-year bonds due 2019 with a 5 per cent fixed annual interest payable semi-annually in arrear.
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"The strong interest received from investors is a strong indication of the investment merits of our 4-year 5 per cent bonds, and investor confidence in our business strategies and growth potential," said Oxley's executive chairman and CEO Ching Chiat Kwong.

"We view our retail bond offering as an avenue to diversify our investor base, as well as a step towards further developing the Singapore bond market," he added.

While applications for bonds under the placement have closed, applications for bonds under the public offer remain open until noon on Nov 3. In the event of oversubscription in the public offer, Oxley may increase the issue size of the public offer from the current S$50 million to up to S$225 million.

(Source: BT)

[Reyes]

Israeli firm Trendlines launches IPO on SGX
Trendlines' IPO is expected to raise S$25 million gross proceeds, and is priced at approximately 1.4 times the price-to-book ratio of Trendlines’ net tangible assets value.

SINGAPORE: Israeli firm The Trendlines Group launched an initial public offering (IPO) on the Singapore Exchange’s Catalist board on Monday (Nov 16).

The medical and agricultural tech incubator firm said it will offer 75.76 million shares, priced at S$0.33 for each share. The IPO is expected to raise S$25 million gross proceeds, and is priced at approximately 1.4 times the price-to-book ratio of Trendlines’ net tangible assets value as of Jun 30.

Trendlines commenced operations in 2007 and has since established and incubated 60 portfolio companies. It said 17 of these companies are at the “commercialisation” stage and are generating revenue. Five portfolio companies have also been acquired by or sold their assets to multinational corporations.

Currently, it operates through its two subsidiaries Trendline Medical and Trendline Agtech, and its own internal innovation centre, Trendline Labs.

Trendlines’ chairman and CEO Steve Rhodes said the decision to list in Singapore was because it is fitting for the company’s size, as compared to other stock exchanges such as NASDAQ or the Tel Aviv Stock Exchange.

He said: “We’ve found tremendous opportunity in Singapore for establishing incubators, and using Singapore really, as a hub for our Asian expansion.” He added that other factors such as the rule of law, the use of English and location makes Singapore a comfortable place to do business.

Trendlines said it will use to proceeds raised to expand Trendline Labs and invest in current and new portfolio companies. In addition, it expects to use S$5 million of the capital to establish new incubators, including one in Singapore by 2016. It is also looking to use Singapore as a centre for expansion.

The first day of trading is scheduled for Nov 26. The Israeli group said it has entered into an agreement with B. BRAUN Melsungen AG – a healthcare supplier – to purchase S$7.1 million worth of Trendlines’ shares.


Can try? Cannot try?

[Reyes]

Wah Malaysia de...

A Malaysian-based integrated professional services firm yesterday launched its initial public offering (IPO) to list on the Singapore Exchange's Catalist board.

Axcelasia aims to raise about $11.88 million with 47.52 million placement shares at 25 cents each - comprising 35.52 million new shares and 12 million vendor shares.

It said at a briefing that it is listing in Singapore to take advantage of its status as an international investment hub. The move also ties in with the company's ambition to "scale up" its presence outside of Malaysia.

Axcelasia's key businesses are in tax advisory, consultancy, enterprise management system application and business support.

Its major clients include the subsidiaries of Tan Chong Group and Telekom Malaysia, it said.

After excluding cash expenses relating to the IPO and proceeds from the vendor shares, Axcelasia said the estimated net proceeds from the issue of new shares will be $7.58 million. Most of the proceeds will be earmarked for expansion beyond Kuala Lumpur and for diversifying its range of services.

It hopes to strengthen its tax advisory business by moving into Johor Baru and Penang as well as penetrating new ASEAN markets.

Executive director Ranjit Singh said Axcelasia intends to establish its presence in each of the ASEAN countries over the next three to five years, and this will be done "either through organic (growth), or acquisition or joint venture".

Axcelasia and its subsidiaries provide integrated professional services mainly in Malaysia to government-linked entities, private and public listed companies, and multinational corporations.

Axcelasia and its unit, Taxand Malaysia, booked a net profit of about RM1.6 million (S$520,000) in the 2014 financial year, up from 2012's RM239,000. Its revenue rose from about RM4.2 million in 2012 to RM8.3 million in 2014.

The board intends to recommend dividends of not less than 50 per cent of the company's net profit for the 2016 and 2017 financial years.

The share application closes at noon on Nov 25, with trading on the Catalist board expected to start at 9am on Nov 27.
- See more at: http://business.asiaone.com//news/malays...VQzAg.dpuf

[piggo]

Wah Malaysia de...

A Malaysian-based integrated professional services firm yesterday launched its initial public offering (IPO) to list on the Singapore Exchange's Catalist board.

Axcelasia aims to raise about $11.88 million with 47.52 million placement shares at 25 cents each - comprising 35.52 million new shares and 12 million vendor shares.

It said at a briefing that it is listing in Singapore to take advantage of its status as an international investment hub. The move also ties in with the company's ambition to "scale up" its presence outside of Malaysia.

Axcelasia's key businesses are in tax advisory, consultancy, enterprise management system application and business support.

Its major clients include the subsidiaries of Tan Chong Group and Telekom Malaysia, it said.

After excluding cash expenses relating to the IPO and proceeds from the vendor shares, Axcelasia said the estimated net proceeds from the issue of new shares will be $7.58 million. Most of the proceeds will be earmarked for expansion beyond Kuala Lumpur and for diversifying its range of services.

It hopes to strengthen its tax advisory business by moving into Johor Baru and Penang as well as penetrating new ASEAN markets.

Executive director Ranjit Singh said Axcelasia intends to establish its presence in each of the ASEAN countries over the next three to five years, and this will be done "either through organic (growth), or acquisition or joint venture".

Axcelasia and its subsidiaries provide integrated professional services mainly in Malaysia to government-linked entities, private and public listed companies, and multinational corporations.

Axcelasia and its unit, Taxand Malaysia, booked a net profit of about RM1.6 million (S$520,000) in the 2014 financial year, up from 2012's RM239,000. Its revenue rose from about RM4.2 million in 2012 to RM8.3 million in 2014.

The board intends to recommend dividends of not less than 50 per cent of the company's net profit for the 2016 and 2017 financial years.

The share application closes at noon on Nov 25, with trading on the Catalist board expected to start at 9am on Nov 27.
- See more at: http://business.asiaone.com//news/malays...VQzAg.dpuf

Raise 11.88 million, but spent 36% of it on IPO related expenses....    Feels like a tiny version of Boardroom Limited earning free-falling currency in Malaysia...

[Reyes]

UNITED GLOBAL LIMITED

Our Company was incorporated in Singapore on 15 September 2015 under the Companies Act as an
exempt private limited company, under the name of "United Global Pte. Ltd.", with registration
number 201534604M. On 2016, our Company was converted into a public limited company and
our name was changed to "[United Global Limited]".
We are an established independent lubricant manufacturer and a lubricant, base oils and additives
trader, providing a wide range of high quality, well-engineered lubricants and specialty fluids for
automotive, industrial and marine applications and metal working fluids. We operate a
manufacturing facility in Singapore and supply lubricant products globally to customers from over
30 countries.

Indicative size: 42.8m new shares
Indicative price: $0.25

Note that no public tranche for this ipo...

[newborn1000]

Maid, cleaning and security services company seeks Catalist listing
By PC Lee / theedgemarkets | June 16, 2016 : 11:34 AM MYT
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SINGAPORE (June 16): Advancer Global, a company made up of a maid agency, a cleaning and stewarding services arm and a security services arm, has lodged a preliminary prospectus for a Catalist listing.

Through the initial public offering, Advancer Global aims to raise its profile and allow stakeholders to take part in its growth.

In 2015, the company posted earnings of $4.4 million in 2015 on $45 million of revenue and in 2014, it posted earnings of $2.6 million on $39 million of revenue.

Advancer plans to use IPO funds to expand its facilities management businesses ‐ cleaning, stewarding and security services ‐ most likely through acquisitions.

The company also plans to use funds for branding initiatives for Nation Employment maid agency, the main business of its employment services arm.

This segment, which also includes a blue‐collar foreign worker agency, brought in $12.8 million of revenue in 2015 and $1.5 million in profit before tax.

[Reyes]

Quick Summary:

Company: United Global Limited 
Sponsor: Canaccord Genuity Singapore Pte. Ltd
Status: Lodged
Lodgement Date: 13 Jun 2016

http://sgx.com/wps/wcm/connect/sgx_en/ho...al+Limited

Company: Advancer Global Limited
Sponsor: SAC Capital Private Limited
Status: Lodged
Lodgement Date: 15 Jun 2016

http://www.sgx.com/wps/wcm/connect/sgx_e...al+Limited

[Reyes]

United Global, the lubricant maker and trader for the automotive, industrial and marine industries, is expected to be listed on the Catalist board on Friday.

The company is raising some $10.7 million in its IPO, with 42.8 million new shares at 25 cents each. That is nearly seven times the group’s earnings per share of 3.6 cents for FY15 ended Dec 2015.

(See United Global to sell 42.8 mil new shares at 25 cents each in IPO)

According to a DBS Vickers Security report on Monday, the global lubricant market is projected to grow to 43.87 million tonnes by 2022, at an estimated compound annual growth rate of 2.4%.

High demand from automotive, industrial machinery and construction sectors are expected to drive the industry’s growth over the forecast period.

World demand for lubricants is expected to rise 2.0% yearly through 2019, and the fastest gains are expected in the Asia-Pacific region, DBS adds.

Here are 8 reasons why United Global is worth a look:

1) Established track record
United Global has established a reputation as a reliable and responsive service provider in the lubricants industry.

The company’s subsidiary, United Oil Company, started business back in 1999 and has built up a portfolio of lubricants under its own brands – United Oil, U Star Lube, Bell1 and HydroPure – as well as those belonging other third-party principals.

It has grown to be known for its growth, reliability and profitability, and is registered with the American Petroleum Institute, an internationally recognised institute for standards of quality for lubricants.

2) Quality products and services
United Global has an in-house laboratory, complete with its own team of chemists to ensure a high and consistent standard of product quality, as well as equipment to carry out tests.

3) Diverse product portfolio
On top of manufacturing and trading in lubricants, United Global also provides a wide range of high quality, well-engineered products and value-added services, including assisting in certification processes, designing of packaging material and storing of lubricants.

4) Global network
United Global has an extensive network of distributors and a diverse geographical network that provides support for long-term growth.

The company now sells to more than 30 countries, with customers coming from automotive, industrial and marine applications as well as metal working fluids. In 2015, more than 88% of its total sales were derived from outside Singapore.

5) Well-established business relationships
More than 80% of United Global’s FY2015 revenue came from repeat customers. The company also enjoys long-standing relationships with suppliers and distributors.

6) Expansion, diversification, M&A, and JVs
United Global said it may explore mergers and acquisitions, joint ventures, and/or strategic alliances that complement its operations.

The company looks to expand and diversify business through potential acquisitions and joint ventures that will provide synergistic value to existing business.

7) Adapt to competitive landscape
Company is committed to keep up with developments in the lubricants industry through research and development.

This is particularly important as United Global is exposed to fluctuations in base oil prices and costs of raw materials, and shortages in the supply of base oils. It is also dependent on the growth and outlook of multiple sectors, and is indirectly exposed to the uncertainties and business fluctuations of these sectors.

8) Expand into new markets; entrench presence in existing markets
United Global has the potential to expand into new markets and increase its presence in existing markets, through the entry into distributorship agreements and exploring possible collaboration opportunities in Myanmar and Bangladesh.

“In the years ahead, we will keep abreast of new developments in the lubricant industry, as well as expand into new markets, particularly exploring collaboration opportunities in developing countries,” says executive director and CEO Jacky Tan, in a statement on June 13 when the company lodged its preliminary offer document for the Catalist listing.

(See Lubricant maker United Global plans Catalist IPO)

[Reyes]

wohoo....

Advancer Global up as high as 77% on trading debut

Huat gao gao...