
This one should be HOT, closing date is 5 Aug
they are indeedly rising $ for expansion.N Given that this is the 1st IPO on mainboard, im sure it will attractive quite a number of investors. Price very likely to shoot up. Even if it shoot down, sooner it will goes up..
The chance of getting this IPO is very small for public investors. Not gg for its IPO, if interested, will jus buy on open market!
ronleech ( Date: 02-Aug-2009 12:26) Posted:
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upforever ( Date: 31-Jul-2009 12:12) Posted:
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prospectus for PEC is in sgx website, link is below
http://info.sgx.com/webipo.nsf/6bb750ded0ac3f93482574d4002bc92b/509076c76986f61b4825760400174d8a/$FILE/PEC%20Prospectus.pdf
Also, in ST today..
the IPO proceeds will go chiefly towards expansion overseas, including the construction of a new fabrication facilities in the Middle East and the purchase of new equipment.
PEC's revenue and profit after taxation in the first half of this year were $220,3million and $12,4 million respectively.
HOmegrown plant and terminal engineering specialist, PEC, plans to raise $25,2 million in an inital public offering. The company, which will list its share on the SGX mainboard, will offer 63 million new shares at 40 cents each. The total share offer represents 26.5 per cent of PEC's enlarged share capital.
Founded in 1982, PeC provides engineering, procurement and construction services for projecdt and maintenance work.
Hi AK,
thanks for your info. This is really useful...will u be vested in this counter?
Cheers,
oinkoink
It was posted in today's Zaobao, but not in ST n BT yet.
七个月来首个主板公开售股 油气工程服务商PEC将上市
(2009-07-31)
经过了七个月的沉寂,新加坡交易所(SGX)终于迎来了第一个在主板挂牌上市的首次公开售股(IPO)——石油与天然气工程服务供应商PEC集团(PEC)。
PEC集团以每股40分的价格发售6300万股,其中200万股供公众认购,6100万股为配售股,希望筹集2520万元资金。
集团执行主席高宝琛表示,选择在此时上市的原因之一,在于市场情绪近期的好转。
她说:“目前,市场的情绪已经好转,我们也正积极往海外扩展业务。挂牌上市能提升我们的公共形象,提高企业信用,也能更容易获得资金。另外,人才是公司重要的资产,上市能为员工提供一个拥有公司股份的渠道,借以吸引和留住人才。”
PEC集团在1982年在本地成立,刚开始以为石化业者提供维修服务为主,后逐渐进一步延伸到石油与天然气终站的工程、采购及建筑。
目前,集团的工程项目主要集中在新加坡、马来西亚、泰国、印尼、越南、中国和中东,而维修业务主要是在新加坡和中国进行。为了支援业务,集团在新加坡、马来西亚、印尼、泰国和中国都设有制造厂。它的客户则包括埃克森美孚(Exxon Mobil)、蚬壳东方石油公司(Shell Eastern Petroleum)和新加坡炼油公司(Singapore Refining Company)。
截至去年底,集团手头上拥有总值1亿5800万元合同,并进一步于在1月17日前获得了总值1亿600万元订单。
针对上市筹资的用途,集团表示,将投资800万元在中东兴建一座制造厂,目前正物色面积介于1万5000至2万5000平方公尺的地点,估计将在明年建成。另外,将投资约500万元购买新工程器材和机械、700万元用来进行收购或设立合资企业,其余资本则作为营运资金。
去年在新交所主板首次公开售股上市的新股(不包括优先股和挂牌基金)从2007年的55只大减至23只,平均筹资额5570万元,整体上比2007年的1亿2260万元少了超过一半。
Can find it at below, got problem to login.
Http://www.masnet.mas.gov.sg/opera/sdrprosp.nsf
If DBS broking hse member, try below: after 12pm later.
IPO Message |
IPO Private Placement of shares in PEC Limited is NOW Available! Simply log in to the trading site and go to IPO Centre page from 12:00pm to 2:00pm on Friday, 31st July 2009. We reserve the right to close/extend the subscription for the placement securities at anytime without prior notice (This invitation is only for Singapore Clients). |
oinkoink1999 ( Date: 31-Jul-2009 11:05) Posted:
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upforever ( Date: 31-Jul-2009 10:59) Posted:
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PEC Limited announced placement of IPO at 0.4 per share.
Wondering if any seniors here have any comments.