Alliance Healthcare Group

[dreamybear]

So a shareholder raised his/her concerns on the company share price which IPOed in Catalist some years back.

It might be easy to say investing comes with risk, one shd do own due diligence, etc etc. Ok, valid points.

At the same time, when I look at the description of Catalist, its purpose is to cater to fast-growing enterprises. So how is a fast-growing enterprise assessed (e.g. by Sponsors), or what shd OPMIs be expecting ? 

Nevertheless, it is encouraging to see shareholders getting involved in Q&A.

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https://www.sgxgroup.com/sgxgroup/media-...d-catalist
"Singapore Exchange (SGX) today welcomed Alliance Healthcare Group Limited to its Catalist under the stock code “MIJ”.   

Established in 1994, Alliance Healthcare Group Limited is an integrated healthcare group that leverages the use of technology to provide a broad suite of healthcare services, including managed healthcare solutions as well as GP clinic, specialist care and pharmaceutical services. The company’s network includes 17 self-owned GP clinics and five specialist clinics in Singapore, together with a panel network of over 1,000 medical services providers in Singapore and Johor Bahru in Malaysia. "

https://links.sgx.com/FileOpen/AHG_FY202...eID=822750
" Question : 
The share prices of Alliance Healthcare as at 9 October 2024 is 13 cents, which is down 35% from it's IPO price of 20 cents in 2019. It seems like the Board and Management has not returned any value to investors over the five years of listing. Please share what is the Board's strategy for investors going forward."

https://www.sgx.com/securities/catalist 
"The ideal platform for fast-growing enterprises seeking a primary listing.
Catalist caters to the needs of fast-growing enterprises"

[weijian]

So a shareholder raised his/her concerns on the company share price which IPOed in Catalist some years back.

It might be easy to say investing comes with risk, one shd do own due diligence, etc etc. Ok, valid points.

At the same time, when I look at the description of Catalist, its purpose is to cater to fast-growing enterprises. So how is a fast-growing enterprise assessed (e.g. by Sponsors), or what shd OPMIs be expecting ? 

https://www.sgx.com/securities/catalist 
"The ideal platform for fast-growing enterprises seeking a primary listing.
Catalist caters to the needs of fast-growing enterprises"

hi dreamybear,

"Fast growing enterprises" is the marketing talk by SGX who collects the fees. The below description of Catalist is probably closer:

There are no quantitative entry criteria required by SGX

Beyond the above, I reckon Catalist are for companies who do not wish to pay mainboard listing fees. In durian parlance, if you don't wish to pay for pahang blackgold highland msw, there is cheaper johor msw.