
Till today Oct 23, 2010. It performance is super. SinoGrandnes Last:0.42 Vol:17956k

Posted: 22-Nov-2009. On this day. the Invitation was approximately 2.7 times subscribed.
SinoGrandess Look Very Toppish !!
Danger :)
CAN SHORT this baby i think...... SELL - CALL
BOSAYOR -- Dont blindly follow !!
1st day trading resulted in 51.72% profit or at 0.44 cents. up +0.150 ct.
SinoGrandnes | 0.375 | 0.440 | 0.000 | 0.0 | 85,445,000 | 2,276,000 | 0.440 | 0.445 | 655,000 | 0.450 | 0.375 | MFG | SGD | -- | JS5 | JS5_R | R |
Just sharing my thot: STAG
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B0F13DF7E256D06D48257674002F8750/$file/SinoGrandnes_Balloting.pdf?openelement
Invitation in respect of 85,520,000 Invitation Shares comprising 70,000,000 New Shares and 15,520,000 Vendor Shares as follows:-
(a) 2,000,000 Offer Shares at S$0.29 each by way of public offer; and
(b) 83,520,000 Placement Shares at S$0.29 each by way of placement,
The Board of Directors of
of the Application List at 12.00 noon on 19 November 2009, there were 1,817 valid applications for the 2,000,000 Offer Shares available to
the public for subscription and/or purchase. In total, these applicants applied for an aggregate of 151,427,000 Offer Shares, with application
monies received amounting to approximately S$43.9 million. Based on the total of 85,520,000 Invitation Shares and the total valid applications
amounting to 234,947,000 Invitation Shares (comprising valid applications received for 151,427,000 Offer Shares and 83,520,000 Placement
Shares), the Invitation was approximately 2.7 times subscribed.
To ensure a reasonable spread of shareholders, the Board of Directors of the Company has decided on the following basis of allotment and/or
allocation for the Offer Shares:-
Sino Grandness Food Industry Group Limited (the “Company”) is pleased to announce that, as at the closeNo. of Offer Shares Percentage of Total
Range of Offer Shares Allotted and/or Allocated No. of Offer Shares No. of Successful
Applied for Balloting Ratio per Successful Applicant Available to the Public Applicants
1 (12 : 99) 1lot 0.50 pax=10
2 to 9 (13 : 99) 1lot 1.65 pax=33
10 to 49 (14 : 99) 2lots 9.60 pax=96
50 to 99 (16 : 99) 5lots 8.75 pax=35
100 to 499 (20 : 99) 8lots 37.60 pax=94
500 to 999 (24 : 99) 18lots 9.90 pax=11
1,000 and above (30 : 99) 40lots 32.00 pax=16
Grand total = 100.00% pax = 295 (alloted personal)
The spread of placees for the 83,520,000 Placement Shares is as follows:-
Range of Placement Shares Applied for No. of Placees
1 to 9 shr pax=686
10 to 49 shr pax=93
50 to 99 shr pax=16
100 to 499 shr pax=65
500 to 999 shr pax=37
1,000 and above pax=10 (Grand Total pax = 907 placement personal)
Name of Holder No. of Placement Shares and/or Allocation
Teo Kok Woon 11,000,000 Allotted and/or allocated under the Placement
Emirates Tarian Asset Management Pte Ltd 9,000,000 Allotted and/or allocated under the Placement
COMMENCEMENT OF TRADING
The Company’s Shares will commence trading on a “ready” basis at 9.00 a.m. on 23 November 2009.
http://www.sgx.com/wps/portal/marketplace/mpen/listed_companies_info/company_announcements/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gTn1DXUFNLYwMLtwA3AyMvZ3Mf09AAA_dAc6B8JE55A3czArq99KPSc_KTgPb4eeTnpuoX5EZUOjoqKgIAFOdGOQ!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh
MISCELLANEOUS :: BALLOTING ANNOUNCEMENT