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This share when IPO 19 Jan 2011 @ S$0.30, is only for close invitation placement, not even on ATM application. Really suspicious, so just be careful ! Good Luck.
If anyone take up any placement share, my advice, maybe sell to take profit. Volume thin, directors only buy 50 and 100 lots. No sign of confident. This counter is not even IPO application open to public if I am correct. Correct my comment, if anyone want to share their view. Good Luck.
Catch no ball what you reply. LOL
Hulumas ( Date: 20-Jan-2011 09:54) Posted:
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PressReleaseZhongminBaihuiSizzlesOnDebut20Jan2011.pdf
| ZhongminBH | Opened - 0.370 | Closed - 0.380 | 0.000 | 0.0 | 13,697,000 | 110,000 | 0.375 | 0.380 | 25,000 |
Shares Close 25% Above Offer Price.
SINGAPORE, 20 January 2011 – Zhongmin Baihui Retail Group
The first Company to be listed on the Singapore Exchange in 2011, made a sizzling debut today with its shares being traded at more than 20% above the offer price of 30 cents per share. Shares of the mall owner and operator opened at 37 cents, or 23%, above its offer priceand were traded at between 36.5 cents and 39.5 cents apiece throughout the day. The closing price was 0.38 cents.
For more info, pls refer to......
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8C4EC3800A6505414825781D002F206B/$file/ZhongminBaihuiBalloting.pdf?openelement
We never force nor ask you to participate! You may blame SGX for your case!
knightrider ( Date: 20-Jan-2011 09:25) Posted:
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Placement of 30,000,000 million share on offer to institution only at 0.30c.
teeth53 ( Date: 20-Jan-2011 09:49) Posted:
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Before i did many times this IPO forum and it always successful, just don understand why ??.
I have try to post this IPO, since before trading, but fail to make it post successful in this IPO forum. Why huhh??.
knightrider ( Date: 20-Jan-2011 09:25) Posted:
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How come nowadays, there is this funny funny and suka suka ipo then ipo suddenly appear in the trading counter ? Did not hear this ipo roadshow or any news at all ?
Wha is Zhoong Min Bau Hui @ S$0.30 ???