IPO Alert: Procurri lined up for Mainboard IPO of 68.88 million shares at 56 cents

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.

p1.GIF

 

p2.JPG
Extracted from official document. Please refer to document for full report.

 

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Please refer to document for full report

Official Product Highlights & Prospectus PDF to download from:
https://opera.mas.gov.sg/ExtPortal/Public/SD/ViewOfferDoc.aspx?shrID=2eccadf9e04444289fd6a523988bb715

Alternative links:
PHS – https://drive.google.com/open?id=0B7TgD7QDM487eTJDa3JpdDNVbU0
Prospectus – https://drive.google.com/open?id=0B7TgD7QDM487NkxMbE5oOElQdk0

Related articles:
http://www.straitstimes.com/business/companies-markets/procurri-lined-up-for-mainboard-ipo-of-6888-million-shares-at-56-cents
http://www.todayonline.com/business/procurri-launches-ipo-6888-million-shares-s056-each

Comments: Datacentre play. Same industry as Keppel DC Reit.

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