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IPO Chilli Ratings

IPO Chilli Ratings
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Singapore Institute of Advanced Medicine Holdings Ltd

Singapore Institute of Advanced Medicine Holdings Ltd ("Sam" or the "Company") is offering 114m new shares comprising 4.415m Public Offer Shares and 109.585m Placement Shares at $0.23 each for a listing on Catalist.  The Company aims to raise $26.2m and the majority of the proceeds will be used to repay debt and the balance for working capital. The market cap based on the IPO price is $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am.   Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases.  SAM has strategic collaborations with public and private institutions for research and clinical work.  SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi

Friends of Mr. IPO Update

As promised, i will do an update on my post on 2 Sep 12 where i set a target of 1,000 friends by end of the year.

The number of friends have increased from 372 to 549. An increase of 47% over 1.5 months. This time round, i will attribute the increase in friends to the sudden influx of companies seeking IPO on SGX. These companies just have to do this don't they?! Can they just queue up in an orderly fashion!


My readers continue to be predominantly male! In fact, the number of female readers have dropped by a 2% but the number of younger readers in the 18-24 age group has increased from 11.7% to 16%. It is good to see that because the readers from the 18-34 age groups will be the ones that will benefit the most due to their longer runway.


I am only at the halfway mark to the 1,000 friends. It needs to grow by another 82% from now till 31 Dec 2012... wow... seems like a tough target to achieve? 

Happy "like"ing. :)


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