NEW IPO Texchem-Pack, 请发表高见"DBS Vickers Online's IPO Centre. IPO shares of Texchem-Pack will be available from 12.00noon to 1.00p.m. on Thursday, 26 Oct 2006"
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Published September 29, 2006
Texchem-Pack revives its listing attempt
M'sian firm could launch offer here by end of next month
TWO years after it backed off from a listing attempt on the Singapore Exchange (SGX), a Malaysia-based plastic packaging firm has revived its initial public offer (IPO) here.
Buoyed by warming market sentiments, Texchem-Pack yesterday lodged its preliminary prospectus with the Monetary Authority of Singapore.
While the date and size of the share offer is not yet known, a company spokesman said that the firm hoped to launch the offer by the end of next month.
A subsidiary of Penang-based Texchem Resources Berhad (TRB), which is listed on the Malaysian bourse, Texchem-Pack was incorporated as a private limited company in Singapore three years ago.
Its core operations are in Malaysia, (more...)
Texchem-Pack At Premium In Grey Mkt - Trader
DJ MARKET TALK: Texchem-Pack At Premium In Grey Mkt - Trader
1139 [Dow Jones] Texchem-Pack (AI1.SG), which due to start trading in Singapore
tomorrow, changing hands at 2-2.5 cents/share premium to S$0.40 issue price, according
to local trader. Plastic packaging specialist issuing 29.9 million new shares, and
hopes to raise S$9.5 million from IPO. Netresearch Asia recommends subscribing to IPO,
and projects fair value of 55 cents. Yesterday, parent company Texchem Resources
(8702.KU) posted 16% on-year rise in 3Q06 net profit to MYR4.62 million.(JEM)
Contact us in Singapore. 65 64154 150;
MarketTalk@dowjones.com
(END) Dow Jones Newswires
1139 [Dow Jones] Texchem-Pack (AI1.SG), which due to start trading in Singapore
tomorrow, changing hands at 2-2.5 cents/share premium to S$0.40 issue price, according
to local trader. Plastic packaging specialist issuing 29.9 million new shares, and
hopes to raise S$9.5 million from IPO. Netresearch Asia recommends subscribing to IPO,
and projects fair value of 55 cents. Yesterday, parent company Texchem Resources
(8702.KU) posted 16% on-year rise in 3Q06 net profit to MYR4.62 million.(JEM)
Contact us in Singapore. 65 64154 150;
MarketTalk@dowjones.com
(END) Dow Jones Newswires