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Mun Siong Engineering ipo offer at 0.20 ct

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bladez87
    22-Oct-2010 12:43  
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wtf, such a lousy company also can go up by 50% of ipo price? whoever got the ipo, opening make 1k liao. wth
 
 
yonghy
    22-Oct-2010 10:19  
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Short is high risk activities, one must know when to cut loss, not for newbie like me, good for u that u made monies... cheers.

nickyng      ( Date: 22-Oct-2010 09:14) Posted:

ok enuff fun...covered at 25.5cts !! wow...almost 3k gain! wow...who say cant make $$ from shorting IPOs !??!? :P


nickyng      ( Date: 22-Oct-2010 09:04) Posted:

shorted 100x at 28.5cts wish me luck! :P


 
 
nickyng
    22-Oct-2010 09:14  
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ok enuff fun...covered at 25.5cts !! wow...almost 3k gain! wow...who say cant make $$ from shorting IPOs !??!? :P


nickyng      ( Date: 22-Oct-2010 09:04) Posted:

shorted 100x at 28.5cts wish me luck! :P

 

 
nickyng
    22-Oct-2010 09:04  
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shorted 100x at 28.5cts wish me luck! :P
 
 
AK_Francis
    22-Oct-2010 02:04  
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Ha ha, tired, just back fr happy hr, didn't bother to check d result, but seems like slim leh, trm check see luck is at AK side or not. Go for bed liao.

teeth53      ( Date: 21-Oct-2010 19:40) Posted:

Mun Siong IPO-ed result is out, not so bad, must be quite good rersponse. Smiley 23
Mun siong is over subscribed by 6.1 times.

This Anchun is even better with China XLX as big supportersSmiley 23Smiley 23

 
 
neutral
    22-Oct-2010 00:10  
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btw do u still hold yr earlier view that mapletreeind will hit $1.50 in 1 to 2 mths time?

teeth53      ( Date: 21-Oct-2010 22:06) Posted:

At the close of the Application List at 12.00 noon on 20 October 2010.

There were 7,227 valid applications for 2,000,000 Offer Shares available to the public for subscription.


 

 
teeth53
    21-Oct-2010 22:06  
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At the close of the Application List at 12.00 noon on 20 October 2010.

There were 7,227 valid applications for 2,000,000 Offer Shares available to the public for subscription.

 
 
teeth53
    21-Oct-2010 20:35  
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teeth53
    21-Oct-2010 20:34  
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For more info on Mun Siong...

PDF 1: MUN SIONG ENGINEERING LIMITED (Miscellaneous :: News Release: Mun Siong Engineering's Ipo Garners Strong

http://pdf.reuters.com/sgxnews/sgxnews.aspi=43059c3bf0e37541&u=urn:newsml:reuters.com:20101021:nSNAL01371

 

 
 
 
teeth53
    21-Oct-2010 20:07  
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Name of Holder No. of Placement Shares

1) Singapore Warehouse Co Pte Ltd* 12,500,000

2) Global Trade Investment Management Pte Ltd@ 12,500,000

3) Credit Industriel Et Commercial, Singapore Branch – Client A/C6,000,000

 * Singapore Warehouse Co Pte Ltd is a wholly owned subsidiary of Hwa Hong Corporation Ltd.

@ Global Trade Investment Management Pte Ltd is a wholly owned subsidiary of Singapore Warehouse Co Pte Ltd.
 

 
teeth53
    21-Oct-2010 20:05  
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Following parties have applied for and have each been allotted 5% or more of the New Shares:

Name of Holder No. of Placement Shares

1) Singapore Warehouse Co Pte Ltd* 12,500,000

2) Global Trade Investment Management Pte Ltd

3) Credit Industriel Et Commercial, Singapore Branch – Client A/C 6,000,000

* Singapore Warehouse Co Pte Ltd is a wholly owned subsidiary of Hwa Hong Corporation Ltd.@ 12,500,000

@

Save as disclosed above, neither the Company nor the Issue Manager is aware of any person who has applied and has been successfully allotted 5% or more of the New Shares.Global Trade Investment Management Pte Ltd is a wholly owned subsidiary of Singapore Warehouse Co Pte Ltd.

 
 
teeth53
    21-Oct-2010 19:53  
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Chiongg...Ahh......Smiley 1

Range of Offer Shares Applied for Balloting Ratio

1 to 9 applied 9:99 Ballot Ratio                     1 lot 5.9% 120 Successful

10 to 49 applied 10:99 Ballot Ratio               1 lot 14.9% 299 Successful

50 to 99 applied 14:99 Ballot Ratio                2 lots 13.9% 141 Successful

100 to 499 applied 17:99 Ballot Ratio             3 lots 39.7% 268 Successful

500 to 999 applied 21:99 Ballot Ratio              5 lots 11.8% 48 Successful

>1,000 applied and above 24:99  Ballot Ratio    8 lots 13.8% 35 Successful

Grand total 100.0% and  911 Applicants successful

 
 
teeth53
    21-Oct-2010 19:40  
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Mun Siong IPO-ed result is out, not so bad, must be quite good rersponse. Smiley 23
Mun siong is over subscribed by 6.1 times.

This Anchun is even better with China XLX as big supportersSmiley 23Smiley 23
 
 
oinkoink1999
    21-Oct-2010 19:28  
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i applied 30lots got ZERO lots..wasted 2 bucks. ....:(
 
 
teeth53
    21-Oct-2010 19:25  
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teeth53
    21-Oct-2010 18:40  
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Latest news - Will be listing as accordingly, Hohoho - HoSei liao. Ai cheong cha A Ya...Chiongg...Ahh

http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20101021:nSNAL41211
 
 
teeth53
    21-Oct-2010 18:03  
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Wa..nobody talk...Si Bei jialat lehh....anyone apply 500 lots, got 500 lots ??. Talk lehh.Smiley 19

Tomorrow opening for trading liao at 9 am.
 
 
teeth53
    20-Oct-2010 22:20  
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Invitation in respect of 107,000,000 New Shares comprising:

(a) 2,000,000 Offer Shares at $0.20 for each Offer Share by way of public offer; and

(b) 105,000,000 Placement Shares by way of placement, comprising:

(i) 95,000,000 Placement Shares at $0.20 for each Placement Share; and

(ii) 10,000,000 Reserved Shares at $0.20 for each Reserved Share reserved for our Exe Directors, Ind Directors, management, employees, business associates and others who have contributed to the success of our Group,

Indicative date/time Event

20 October 2010 at 12.00 noon Close of Application List

21 October 2010 Balloting of applications, if necessary (in the event of oversubscription for the Offer Shares)

22 October 2010 at 9.00 a.m. Commence trading on a “ready” basis

teeth53 thot - Will it perform so well like Yamada ?. Simply Bços nobody is discussing/sharing it opinion here.

(Yamada - listed on Oct 8 till date Oct 20, it closed at 0.275c or +25% from it ipo offer of 0.22c)

 
 
teeth53
    20-Oct-2010 17:32  
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Due for trading, still no talk...How come...?  Smiley 19
 
 
teeth53
    17-Oct-2010 14:54  
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Mun Siong Engineering ipo offer at 0.20 ct, closing on Oct 20, (Wed) 2010 at 12 noon.

teeth53      ( Date: 17-Oct-2010 14:53) Posted:


 
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