LATEST REGIONAL IPO’s
We love supporting our clients in their IPO, here are some of the most recent
Emperador Inc. (EMP) is a leading international spirits company with a deep portfolio of globally recognised whisky and brandy brands that is distributed in over 100 countries.
Their market capitalisation has raised S$7.3 billion at S$0.45 per share.
NIO Inc., a pioneer in China’s premium electric vehicle market specialises in driving innovations for next generation technologies through connectivity, autonomous driving and artificial intelligence.
The market capitalisation has raised S$38 million at S$23.7 per share.
LHN Logistics Limited
LHN Logistics, the logistics arm of LHN Limited, specialises in logistic management, transportation services for base oil, bitumen, chemical and container depot management.
The initial public offering aims to raise $5million with the 25.2 million shares at $0.20 per share.
Yangzijiang Financial Holding
Yangzijiang Financial Holding, an investment arm of Mainboard-listed Yangzijiang Shipbuilding (Holdings), focuses on growth equity and debt, mezzanine financing, PIPE, special situations, real estate, and other PE Funds.
The market capitalisation aims to raise S$4 billion and will be listed as an STI constituent.
LS 2 Holdings Limited
An environmental services provider, LS 2 Holdings specialises in cleaning services that include facilities cleaning and pandemic disinfection services for public and private sectors in Singapore.
The initial public offering aim to raise S$5.6 million with the 27.75 million shares at S$0.20 per share.
A Special Purpose Acquisition Company (SPAC), Pegasus Asia focus on businesses in technology-enabled sectors such as consumer-technology, financial technology, property-technology, insurance-technology, healthcare and media technology, and digital services in Asia Pacific.
The initial public offering has raised S$23.4 million and was oversubscribed by 7.8 times.
Alpina Holdings Limited
Alpina Holdings is a Singapore-based contractor specialised in integrated building services (IBS), mechanical and electrical (M&E) engineering services, and alteration and addition (A&A) works projects.
The initial public offering was fully subscribed from the 37 million placement shares offered.
Novo Tellus Alpha Acquisition
A Special Purpose Acquisition Company (SPAC), Novo Tellus Alpha Acquisition focuses on the technology and industrials sectors in the Indo-Pacific region.
The initial public offering has raised S$150 million and was oversubscribed by 3.5 times with S$5 per unit.
Vertex Technology Acquisition Corporation
Vertex Technology Acquisition Corporation is a Special Purpose Acquisition Company (SPAC) intended to provide public market investors with access to a value-creating business at a fast growth stage of its life cycle and at the forefront of technological transformation.
The initial public offering oversubscribed by 36 times through the issue of 11.8 million unit at S$5 per unit.
Digital Core Reit
Digital Core Reit owns 10 freehold data centres across Silicon Valley, Northern Virginia and Los Angeles in the United States and Toronto, Canada.
The largest initial public offering in Singapore to date, Digital Core Reit aims to raise S$600 million on the Mainboard.
Daiwa House Logistics Trust
A logistic and industrial REIT, Daiwa House focuses on the real estate market across Japan and Southeast Asia.
The initial public offering aims to raise S$575.5 million on the Mainboard. The public tranche of the IPO was oversubscribed by 9.5 times.
Mooreast Holdings Ltd
Mooreast is a total mooring solutions provider that specialises in the offshore oil and gas, marine and offshore renewable energy industries.
The initial public offering aims to raise S$8.5 million on the Catalist Board.
Audience Analytics Limited
A group holding company, Audience Analytics businesses span over three core segments in business media, large-scale exhibitions and business impact assessment and recognition, with events such as the SME100 Awards, the Golden Bull Awards and the HR Asia Awards under their belt.
The initial public offering aims to raise S$5.5 million on the Catalist Board.
Sri Trang Gloves Public Company Limited
Sri Trang Gloves, one of the world’s largest rubber glove manufactures and distributor for healthcare and other industrial purposes, made its secondary listing on SGX.
G.H.Y Culture & Media
G.H.Y Culture & Media (GHY), an entertainment business that focuses on the production and promotion of dramas, films and concerts, made its debut on the SGX Mainboard.
G.H.Y has raised about S$121.7 million to date. The public tranche of the IPO was oversubscribed by nearly 16 times.
Nanofilm Technologies International Limited
Nanofilm Technologies, a leading provider of nanotechnology solutions in Asia, made its debut on the SGX Mainboard.
One of the biggest non-REIT listings in Singapore since 2017, Nanofilm Technologies has raised about S$1.9 billion to date. The shares were oversubscribed by nearly 23 times.
Singapore Paincare Holdings Limited
Singapore Paincare Holdings, a medical service group that provide pain care treatment and focuses on the treatment of patients suffering from chronic pain, made its debut on the SGX Mainboard.
The Initial Public Offering was priced at S$0.22, raising approximately S$5.33million.
Oppstar Berhad is an integrated circuit (IC) design services and turnkey solutions provider that specialises in provisioning application-specific integrated circuit (ASICs), system on a chip (SoCs), central processing unit (CPUs) and field-programmable gate array (FPGAs) for various industries such as telecommunications, industrial electronics, automotive and consumer electronics.
The company’s recent main market IPO in Malaysia received a total of 39,103 applications for 2.48 billion shares, with an oversubscription rate of 77.05 times.
Kumpulan Kitacon Berhad
Kumpulan Kitacon Berhad is a building construction contractor that specializes in constructing various types of buildings, such as residential, commercial, industrial, and purpose-built buildings.
The company’s recent main market IPO received a total of 6,876 applications for 124.58 million shares from the public in Malaysia, with an oversubscription rate of 11.46 times.
L&P Global Berhad
Integrated industrial packaging solutions provider, L&P Global Berhad specialises in designing and manufacturing wooden industrial packaging products, circular supply services and the trading of related products and raw materials.
The ACE Market IPO received a total of 11,740 applications for 891.33 million shares from the Malaysian public, with an oversubscription rate of 36.14 times.
Integrated manufacturer and trader of steel products, Leform specialises in the manufacturing and trading in of steel pipes, guardrails and flat steel products such as slitted steel coils and sheets.
The ACE Market IPO received a total of 5,285 applications for 74 million shares from the Malaysian public, with an oversubscription rate of 1.42 times.
ECA Integrated Solution Berhad
Automated manufacturing solution provider, ECA Integrated Solution Berhad specialises in conceptualising, designing and manufacturing integrated production systems and standalone automated equipment to perform specific roles or tasks for clients.
The ACE Market IPO received a total of 19,139 applications for 3.21 billion shares from the Malaysian public, with an oversubscription rate of 110.17 times.
Sunview Group Berhad
Renewable energy (RE) company, Sunview Group Berhad specialises in engineering, procurement, construction, and commissioning (EPCC) solar photovoltaic (PV) facilities as well as associated services and products.
The ACE Market IPO received a total of 13,240 applications for 1.51 billion shares from the Malaysian public, with an oversubscription rate of 63.19 times.
AME Real Estate Investment Trust (“REIT”)
AME Real Estate Investment Trust focuses on investing in Shariah-compliant portfolio of income producing real estates that are used primarily for industrial and industrial-related purposes.
The IPO received a total of 1,567 applications for 36 million units for its offering of 10.4 million units for application by the Malaysian public, with an oversubscription rate of 2.46 times.
Agmo Holdings Berhad
Digital solutions and application development specialist, Agmo Holdings Berhad specialises in the provisioning of subscription, hosting, technical support and maintenance services of third-party cloud computing platforms.
The ACE Market IPO received a total of 14,277 applications for 1.97 billion shares from the Malaysian public, with an oversubscription rate of 120.15 times.
Umedic Group Berhad
Medical device manufacturer, Umedic Group Berhad specialises in the marketing and distribution of various branded medical devices and consumables.
The IPO received a total of 7888 applications for 893.92 million shares from the Malaysian public, with an oversubscription rate of 46.81 times.
Unitrade Industries Berhad
Building materials wholesalers, Unitrade Industries Berhad has been successfully listed on the ACE Market of Bursa Malaysia Securities Bhd.
The IPO received a total of 7169 applications for 261.95 million shares, with an oversubscription rate of 2.35 times.
Electronics manufacturing solutions provider, Cnergenz Berhad had been successfully listed on the ACE Market of Bursa Malaysia Securities Bhd.
The IPO received a total of 16,186 applications for 1.033 million shares, with an oversubscription rate of 40.32 times.
MN Holdings Berhad
Underground utilities and substation engineering specialist, MN Holdings Bhd (MNHB), made its debut on ACE Market and raised RM172.2 million.
The IPO received a total of 17,205 applications for 2.44 billion shares from the Malaysian public, with an oversubscription rate of 118.48 times.
Yenher Holdings Berhad
Animal health and nutrition products manufacturer and distributor, Yenher Holdings Berhad, made its debut on the Main Market of Bursa Malaysia and raised RM61.21 million.
The IPO received a total of 10,931 application for 222.0435 million shares from the Malaysian public, with an oversubscription rate of 13.8 times.
Tuju Setia Berhad
A construction service provider that constructs high-rise buildings as well as healthcare facilities. Tuju Setia made its debut as the first company to be listed on the main market in 2021.
The IPO attracted strong interest with an oversubscription rate of 42.1 times.
HPP Holdings Bhd
HPP Holdings Bhd, an offset packaging printing specialist, saw a highly successful launch.
Its IPO was oversubscribed by 33.44 times.
Aneka Jaringan Holdings Berhad
A group of construction companies specialised in basement and foundation construction, Aneka Jaringan Holdings Berhad, made its debut on ACE Market.
Aneka Jaringan Holdings Berhad IPO attracted strong interest with an oversubscription rate of 12.68 times for its issue of 26,906,000 shares open to the Malaysian public.
Southern Cable Berhad Group
Customized cables and wires manufacturer Southern Cable Group Berhad raised nearly RM71.2 million through their successful IPO listing on Bursa Malaysia.
With the public issue of over 200 million shares & an oversubscription rate of 10.48 times.
Optimax Holdings Bhd
Optimax, a chain of eye specialist centres had successful listed on the ACE Market of Bursa Malaysia Securities Bhd.
The Initial Public Offering was priced at RM0.30, raising approximately RM21 million with an oversubscription rate of 82.07 times for its 13.5million IPO shares to the public.
GC Construction Holdings Limited
GC Construction Holdings Limited is an investment holding company principally engaged in the provision of cement works. The Company’s business includes plastering, tile laying, bricklaying, platform laying and marble works. The Company is principally engaged in the provision of cement works to public or private residential and commercial properties in Hong Kong.
The initial public offering was oversubscribed by 7.58 times.
Sinohealth Holdings Limited
Sinohealth Holdings Ltd is a China-based investment holding company. The Company primarily provides data insight solutions, data-driven publications and events and software as a service (SaaS) products.
The initial public offering was oversubscribed by 2.21 times.
WEIli Holdings Limited
Founded in 2011, WEIli Holdings Limited is an investment holding company that manufactures and sells cigarette packaging paper in the People’s Republic of China.
The initial public offering was oversubscribed by 11.37 times.
Semk Holdings International Limited
Semk Holdings is a character licensing and design consultation services business in Hong Kong and Mainland China. They engage in creation, design, licensing, brand management and marketing of their self-created B.Duck Family Characters across multi-channels.
The initial public offering was oversubscribed by 6.31 times.
Kwong Luen Engineering Holdings Limited
A foundation works contractor for residential developments in Hong Kong, Kwong Luen Engineering made its debut on the Main Board of Hong Kong Exchange.
Kwong Luen Engineering offers 250 million shares and was oversubscribed by 54.29 times.
ZonBong Landscape Environmental Limited
Zonbong Landscape Environmental is a service provider for landscaping and restoration projects in the Three Northeast Provinces of People’s Republic of China.
The IPO attracted strong interest with an oversubscription rate of 36.25 times.
VESYNC is a small home appliances online retailer in the United States with products sold under three core brands, namely Levoit, Etekcity, and Cosori.
My Rewards International Limited (ASX:MRI)
My Rewards International Limited is a global provider of customised solutions in the areas of employee benefits, rewards and recognition, employee engagement, member engagement and loyalty programs.
The initial public offering has raised A$5 million at A$0.20 per share.
SHAPE Australia (ASX: SHA)
A commercial fit-out and refurbishment company, SHAPE Australia is a specialised construction manager and building contractor that provides end-to-end services across the construction industry.
The initial public offering has raised A$2 million at A$1.96 per share.
Armada Metals Limited (ASX:AMM)
Armada Mentals Limited is a base metals explorer in under-explored region of Africa with a focus to define new belt-scale discovery opportunities for key commodities, principally nickel and copper.
The initial public offering successfully raised A$10 million and was oversubscribed through the issue of 50 million shares at A$0.20 per share.
Newmark Property REIT (ASX:NPR)
Newmark Proport REIT is a stapled group comprising of two established unlisted property trust and owns eight large format retail properties.
The initial public offering raised A$128 million through the issue of roughly 67.7 million stapled securities at A$1.895 per stapled security.
Cadence Opportunities Fund Limited (ASX:CDO)
Cadence Opportunities has been operating as an unlisted investment company since January 2019 with approximately 200 shareholders.
The initial public offering has raised A$15.5 million at A$2.77 per share.
Eastern Metals Limited (AXS: EMS)
An Australian based precious metals exploration company, Eastern Metals Limited owns a portfolio of projects in regions such as New South Wales and the Northern Territory in Australia.
The initial public offering has raised A$6 million and was fully subscribed through the issue of 30 million shares at A$0.20 per share.
Gold 50 Ltd (ASX:G50)
Gold 50 is a precious metal mining company that focuses on exploration projects in the world’s most attractive mining jurisdictions – Arizona and Nevada of Southwest USA.
The initial public offering successfully raised A$10 million at A$0.25 per share.
Silk Contract Logistics (ASX:SLH)
Silk Contract Logistics is an integrated port-to-door landside logistic services provider based in Melbourne, Australia.
The initial public offering was priced at A$2.00 per share and successfully raised A$70 million with a market capitalisation of approximately A$151 million.
Tamboran Resources Pty Ltd (ASX: TBN)
Tamboran Resources is a public natural gas company that inspires to support net-zero CO2 energy transition in Australia and Asia-Pacific.
The initial public offering raised about A$61 million at A$0.40 cents per share.
BlueBet is an Australian online wagering operator which offers wager products on Australian and international racing and sports.
The initial public offering raised A$44.7 million with a market capitalisation of A$228.1 million.
FOS Capital (ASX: FOS)
The lighting products manufacturer, FOS Capital provider LED lighting solution for commercial, retail and industrial in Australia.
FOS Capital initial public offering aims to raise A$3 million at A$0.25 cents per share.
Pepper Money Limited (ASX:PPM)
Pepper Money is one of Australia’s largest non-bank lender company that specialise in consumer lending and residential mortgages.
At the time of listing, Pepper Money was the largest IPO of 2021 to date in Australia, offering shares at A$2.89 to raise A$500 million with a market capitalisation of approximately A$1.3billion.
EP&T Global (ASX:EPX)
The energy efficiency software company, EP&T Global provide building energy management solutions that helps improve and reduce energy and water wastage within commercial real estate.
EP&T Global’s initial public offering raised A$11 million at A$0.20 cents per share.
Bastion Minerals (ASX:BMO)
Bastion Minerals is a resources company that focused on exploring for high-grade Gold and Copper in Chile, made its debut on ASX.
The initial public offering issued 25 million fully paid ordinary shares at A$0.20 each to raise A$5 million.
EZZ Life Science Holdings Limited (ASX:EZZ)
EZZ Life Science Holding is a beauty and wellness company that offers skin care and wellness products to retailers and consumers in Australia and internationally.
The oversubscribed initial public offering raised A$6 million with a market capitalisation of A$21 million.
QMines Limited (ASX:QML)
The exploration and development company, QMines owns four advanced copper and gold projects in Queensland. It seeks to become Australia’s first zero carbon copper and gold developer.
The initial public offering raised A$11.55 million, giving the company market capitalisation of A$32 million.
Chimeric Therapeutics (ASX:CHM)
Chimeric Therapeutics is a drug development company focused on novel CAR-T cell therapies for solid tumours.
The offer comprised of 175 million shares to raise A$35 million at an offer price of A$0.20 per share, giving the company a market capitalisation of A$66.1 million upon listing.
Youfoodz Holdings Limited (ASX:YFZ)
Youfoodz is a fresh food company that delivers ready-made meals, protein-packed snacks and cold-pressed juices, with a mission to create freedom & make Australia healthier with every bite.
The IPO raised A$70 million at A$1.50 per share, giving the company a market capitalisation of A$201.9 million upon listing.
Top Shelf International Holdings Ltd (ASX:TSI)
Top Shelf is an Australian diversified branded spirits company with a core purpose to promote, celebrate and enjoy the distinctive Aussie way of life.
The IPO raised A$47.2 million at A$2.21 a share – split between a A$35 million primary issuance of new shares, and a A$12.2 million selldown by existing shareholders. The pricing values the company at A$90.5 million, which is 4.5 times the forecast revenue for FY21.
Native Mineral Resources Holdings Limited (ASX:NMR)
Native Mineral Resources is a copper-gold and base metals-oriented project generator with a focussed regional approach, engaging with joint venture partners to create company growth opportunities.
The oversubscribed IPO raised A$5.7 million at A$0.20 per share.
CleanSpace Holdings Limited (ASX:CSX)
Cleanspace is a specialist in innovative and quality respirator design and manufacturing. CleanSpace respirators (NIOSH approved) deliver significant safety and compliance benefits over traditional masks and are sold in over 20 countries.
The IPO raised A$131.4m at A$4.41 per share with a market capitalisation of A$339.7 million.
MyDeal.com.au Limited (ASX:MYD)
MyDeal.com.au is an Australian retail marketplace, connecting millions of consumers with thousands of Australian retailers, dedicated to providing our customers with the best prices and biggest range of products.
The IPO raised A$40 million at A$1.00 per share.