Friday, July 19, 2013

Singapore Kitchen Equipment (IPO)

Singapore Kitchen Equipment (upcoming IPO): a Singapore based commercial and industrial kitchen solutions provider for the F&B and hospitality services. The company also provides customised industrial-style kitchen solutions for residential households Offer Size: 23 mil shares (Public: 2.25 mil shares, Placement 20.75 mil shares) Offering price: $0.20 NAV per share (post IPO): $0.086 Historical PE (post IPO): 6.63x (FY 12) Market Cap (post IPO): $30 mil Open: 12 Jul, Close: 18 Jul 2013, 12 noon Tradeing 22 Jul 2013, 9.00 am Lead manager: CIMB

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