6.88 million shares for the public offer @ $0.56 each.
Total offer: 68.88mio.
S$34.6 million in net proceeds to build up Procurri’s war chest for future acquisitions.
IPO closes: Noon, July 18, 2016
Expected trading: 9am, July 20, 2016
The company also intends to recommend and distribute dividends of 25 per cent of net profit after tax for financial years 2016 and 2017.
Official Product Highlights & Prospectus PDF to download from:
PHS – https://drive.google.com/open?id=0B7TgD7QDM487eTJDa3JpdDNVbU0
Prospectus – https://drive.google.com/open?id=0B7TgD7QDM487NkxMbE5oOElQdk0
Comments: Datacentre play. Same industry as Keppel DC Reit.