Singapore Stock Market News

TEE Land Limited - IPO highlights‏

StockFanatic
Publish date: Sat, 01 Jun 2013, 11:12 AM
StockFanatic
0 10,453
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Termsheet:
IPO : TEE Land Limited (Prospectus)
Issue Manager & Underwriter : SAC Capital Private Limited
Subscription closing date : 12 noon, 4 June 2013
Commencement of trading date : 9 a.m., 6 June 2013
Offer price per share: S$0.54
Offering shares : - Total : 115 million

- 109 million for placement tranche

- 6 million for public offer
Enlarged share base post IPO : 446.9 million
Gross proceeds to be raised : S$62.1 million
Estimated market cap post IPO : S$241.3 million
NAV/share post IPO (based on NAV at 30 Nov 2012) : 31.49 S cents
P/B (based on offer price and 30 Nov 12 NAV): 1.71x
Historical EPS*(based on FY12 earnings and post-IPO
share base) :
0.343 S cent
P/E*(based on offer price and historical EPS) : 157x
Financial year end : 31 May
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment