TA    Last:0.073   -

TA Corp listing, stake holders come in...

Hi , sorry, what do you mean by waiting to exchange hands at 30 cents - 10 million

is it good or bad for the counter? pls advice thanks!

teeth53      ( Date: 21-Nov-2011 09:41) Posted: Like I say, BBs in control..,, no up no down to much. Not me...shortist prefer to short at 0.35 and beyond, while BBs and players are awaiting to change hands at 0.30c - 10 million shares. kokhong      ( Date: 21-Nov-2011 09:36) Posted: anyone bought? safe price to entry any idea?

 

A sound buy can be at 0.30c/0.31c, got to wait for ur Q numbers, maybe in the afternoon trade...Trade at ur own risk, just sharing my thot.

 

Like I say, BBs in control..,, no up no down to much. Not me...shortist prefer to short at 0.35 and beyond, while BBs and players are awaiting to change hands at 0.30c - 10 million shares.

kokhong      ( Date: 21-Nov-2011 09:36) Posted: anyone bought? safe price to entry any idea?

 

This looks to me like a restructured company, or a spin off.  I didn't have time to read up.  Any quick info to share?

kokhong      ( Date: 21-Nov-2011 09:36) Posted: anyone bought? safe price to entry any idea?

 

anyone bought? safe price to entry any idea?

 

X deal by BBs at 0.34c (450 lots) B4 trading start, at 9am it traded of at BBs prices.

Now looking at trading after 5 minutes, look likely is going to test 0.30c to 0.32c. There will about  10 million share awaiting to  change hands  at 0.30c

 

Note: CCB's is who parent Co belong to CIC, bot to increases it shares in CCB's from 59.31% to 60.46%.

2.76 bil shares in an off-exchange trade, from whom.?. note BoA sold it, value at US$6.6 bil. (Reuter news)

This IPO is...CCB's (issue mgr) and UOB as Joint Underwriters and Joint Placement Agents.

http://info.sgx.com/webipo.nsf/6bb750ded0ac3f93482574d4002bc92b/3d0819b9f9ff923b4825794b00383608/$FILE/TA%20Corporation%20IPO-Final%20with%20gatefold.pdf

Invitation in respect of 122,000,000 Invitation Shares comprising 113,000,000 New Shares and 9,000,000
Vendor Shares as follows:

(1) 2,000,000 Offer Shares at S$0.28 for each Offer Share by way of public offer and

(2) 120,000,000 Placement Shares at S$0.28 for each Placement Share by way of placement, payable in full on application.

TA Corp. Order book based on secured contractsfor construction projects stood at approximately S$316 million as at the latest Practicable Date.

Indicative time / date Event (closed on 17 Nov 12 noon) 

18 Nov 2011 Balloting of applications, if necessary (in the event of over-subscription)

9.00 a.m. on 21 Nov 2011 Commence trading on a “ready” basis

 

  TACorp_NewsRelease.pdf

NEWS RELEASE
TA CORPORATION LTD’S IPO DRAWS OVERWHELMING RESPONSE - Institutional and high net worth investors take up TA Corporation’s Placement Shares, notwithstanding uncertain market conditions - Strong demand from retail investors with valid applications for 103.6 million shares received for the 2 million Offer Shares available

Comprising 122,000,000 Invitation Shares. 113,000,000 New Shares and 9,000,000 Vendor Shares as follows:

(1) 2,000,000 Offer Shares at S$0.28 for each Offer Share by way of public offer and

(2) 120,000,000 Placement Shares at S$0.28 for each Placement Share by way of placement, payable in full on application.

Order book based on secured contractsfor construction projects stood at approximately S$316 million as at the
Latest Practicable Date.

9.00 a.m. on 21 Nov 2011 Commence trading on a “ready” basis

 

  TACorp_Balloting.pdf

Balloting ratio and placement of TA corp  IPO successful shares.high net worth placement to...

First Grand Investment Pte Ltd and its associates 16,100,000 Allotted Placement
Funds under the discretionary mgt of Daiwa SB Investments (S'pore) Ltd 13,000,000 Alloted Placement
Jeffrey Hing Yih Peir 7,000,000, allocaed Placement