30-07-2014, 06:39 AM
(This post was last modified: 30-07-2014, 07:05 AM by greengiraffe.)
Its a highly confusing (too many mother nature drivers) primary production business cleverly packaged into a protein story that is meeting rising consumer demand in core Asian markets. After I read the prospectus, I decided to give it a miss.
Buddies views welcome...
https://opera.mas.gov.sg/ExtPortal/Publi...4fa754e6e7
http://www.businesstimes.com.sg/premium/...s-20140730
PUBLISHED JULY 30, 2014
Japfa to offer shares at an indicative price of 75-87 cents
Bookrunners see strong interest from investors in its IPO
BYANGELA TAN
angelat@sph.com.sg
JAPFA Limited, a producer of multiple protein foods whose executive deputy chairman is Indonesian tycoon Handojo Santosa, lodged its preliminary prospectus yesterday, seeking to list its shares on the main board of Singapore Exchange.
According to market sources, the company behind the 'So Good' and 'Greenfields' brands is looking to offer up to 285.2 million shares at an indicative price of 75 to 87 Singapore cents a share.
This comprises a base offer of 248 million shares and an over-allotment of up to 37.2 million shares.
Due to the sterling performances of recent initial public offerings such as those of Australia-based miner Alliance Mineral Assets and South Korean film production company Spackman Entertainment Group, bookrunners are already seeing strong interest from local and regional investors.
Buddies views welcome...
https://opera.mas.gov.sg/ExtPortal/Publi...4fa754e6e7
http://www.businesstimes.com.sg/premium/...s-20140730
PUBLISHED JULY 30, 2014
Japfa to offer shares at an indicative price of 75-87 cents
Bookrunners see strong interest from investors in its IPO
BYANGELA TAN
angelat@sph.com.sg
JAPFA Limited, a producer of multiple protein foods whose executive deputy chairman is Indonesian tycoon Handojo Santosa, lodged its preliminary prospectus yesterday, seeking to list its shares on the main board of Singapore Exchange.
According to market sources, the company behind the 'So Good' and 'Greenfields' brands is looking to offer up to 285.2 million shares at an indicative price of 75 to 87 Singapore cents a share.
This comprises a base offer of 248 million shares and an over-allotment of up to 37.2 million shares.
Due to the sterling performances of recent initial public offerings such as those of Australia-based miner Alliance Mineral Assets and South Korean film production company Spackman Entertainment Group, bookrunners are already seeing strong interest from local and regional investors.