Secura Group 's IPO Jan 2016 - Listing On 28 Jan 16

[CoffeeAhSoh]

Secura launches S$28 million IPO on Catalist


Posted 20 Jan 2016 19:57 Updated 20 Jan 2016 20:02




SINGAPORE: Secura Group, which has several high-profile shareholders, said on Wednesday (Jan 20) that it is listing shares on SGX's Catalist board to raise S$28 million to fund its expansion.

The Singapore-based security firm said it will sell 112 million shares at S$0.25 each in its initial public offering (IPO). Each share comes with two detachable warrants, which can each be converted to new Secura shares at an exercise price of S$0.35 cents in the next three years.

Secura will use the funds raised to expand its security and cyber security businesses, as well as to improve its corporate infrastructure and for working capital.

The company was formed via a merger of two groups – Secura, which offers security printing services, and Soverus, which provides security guards, cyber security and other security-related services.

Its shareholders include billionaire investor Mr Peter Lim, Mr Wee Ee Chao, who is Chairman of UOB-Kay Hian Holdings, and local property giant City Developments.

Secura's share offer closes on Jan 26 and trading of its shares is expected to commence on Jan 28.

 

[CoffeeAhSoh]

Kopi Ah Peks said can buy. I just gone to ATM machine and bought 1 lot .


Can go up from S$0.25 to S$1.00 woh ... see how

 

[CoffeeAhSoh]

this IPO sure up one woh


see ipo prospectus -



http://www.sgx.com/wps/wcm/connect/sgx_en/home/catalodge/20160120+Secura+Group+Limited

 

[halsey02]

Kopi Ah Peks said can buy. I just gone to ATM machine and bought 1 lot .


Can go up from S$0.25 to S$1.00 woh ... see how

One lot is $250......you sell at $1.00, oil prices must have risen to USD90 per barrel, & less fees etc....how much do you make....you like those ah pek buy 1234 in 4D & buy ibet....number come out 2314 consolation prize..

 

[CoffeeAhSoh]

Secura Group's "executive protection" clients include former remisier king Peter Lim (left). Other shareholders in Secura Group include Wee Ee Chao and Kuok Khoon Hong

 

[CoffeeAhSoh]

CEO - Paul Lim Choon Wui

 

[halsey02]

Are you working for the underwriters?? if this was 20-25 years ago.....I would apply for Secura IPO..even it was $2- $3....now 0.25cts...this kind of market & there are so many security printing companies in the region now & now in the world, not to mention competing with established ones like Walsall etc.. 20-30 years ago...secura printers was on top of the game, for there were no such printers say even in S.E.A...now it is s different story....

 

[CoffeeAhSoh]

One lot is $250......you sell at $1.00, oil prices must have risen to USD90 per barrel, & less fees etc....how much do you make....you like those ah pek buy 1234 in 4D & buy ibet....number come out 2314 consolation prize..

try my luck . maybe ballotting time Not allocated leh

 

[CoffeeAhSoh]

Are you working for the underwriters?? if this was 20-25 years ago.....I would apply for Secura IPO..even it was $2- $3....now 0.25cts...this kind of market & there are so many security printing companies in the region now & now in the world, not to mention competing with established ones like Walsall etc.. 20-30 years ago...secura printers was on top of the game, for there were no such printers say even in S.E.A...now it is s different story....

i buy because of the High profile shareholders

 

[CoffeeAhSoh]

Are you working for the underwriters?? if this was 20-25 years ago.....I would apply for Secura IPO..even it was $2- $3....now 0.25cts...this kind of market & there are so many security printing companies in the region now & now in the world, not to mention competing with established ones like Walsall etc.. 20-30 years ago...secura printers was on top of the game, for there were no such printers say even in S.E.A...now it is s different story....

it does more than printing , much more ...

Secura Group provides unarmed, manned security guarding services for commercial and high value industrial pre
mises, residential properties and other buildings such as data centres, embassies and hotels. PHOTO: SECURA GROUP


SINGAPORE - Security firm Secura Group launched its initial public offering (IPO) on the Singapore Exchange's (SGX) Catalist board on Wednesday (Jan 20).

The invitation comprises 112 million new shares at 25 Singapore cents each, including four million public offer shares and 108 million placement shares.

Each of these new shares will come with two warrants that will be detached from the shares upon allotment and issue. Each warrant may be converted to one new share at an exercise price of 35 Singapore cents each - within an exercise period of three years- starting from the date of issue of the warrants.


The company plans to use the bulk of its expected net proceeds of approximately S$26 million from the IPO to expand its security guarding, as well as cybersecurity, technology and systems integration business. Part of the money raised will also be used to upgrade its security printing equipment, improve its corporate infrastructure and for general working capital purposes.

The public offer will close at 12pm on January 26. Secura Group is expected to be listed on the Catalist board at 9 am on on January 28.

"We are confident in the group's growth potential," said Mr Paul Lim, executive director and chief executive.

"We want to offer our IPO subscribers the opportunity to participate in the equity of our company. It is also an avenue for us to raise funds for our business expansion plans."

Secura's substantial shareholders include Mr Peter Lim, Mr Wee Ee Chao, and City Developments, who will collectively own about 52.7 per cent of the company after the IPO.

[email protected]

 

[CoffeeAhSoh]

Secura Group's "executive protection" clients include former remisier king Peter Lim (left). Other shareholders in Secura Group include Wee Ee Chao and Kuok Khoon Hong

Kwek also involved through his City Development

 

[Scrooball (clone)]

What's so unique about this company? Still don't see the value in investing.

 

[ShangTsung]

Never judge a company based on it's shareholders and reputation. For all u know, companies big and small could makan employees CPF or wages like the example below. I wonder if MOM conducts checks on employers.

http://www.sammyboy.com/showthread.php?223704-Security-Guard-Owed-Salary-Can-t-Get-Help-At-MOM