IPOs & Markets
AHG seeks to deploy the net proceeds to fund expansion of its network of clinics.
The proposed IPO will help the company raise funds to expand in new markets.
Its total adjusted EBITDA losses narrowed to minus $32 million in Q1FY19 compared to minus $144.7 million in Q1FY18.
EHT has finalised its IPO price at $0.78 per stapled security, below indications.
While revenues declined, its 3P marketplace GMV, international business, new retail & logistics saw progress.
GK Goh entity currently owns 80.72 per cent stake in BoardRoom Ltd.
The offer, made through a special purpose vehicle backed by the Chuang family that owns Memtech, values the firm at S$189 million ($138 million).
As of May 13, 2019, UMS owns about 27.9 per cent in JEP.
The company raised $36.75 million after pricing its initial public offering (IPO) at $10.50 per American Depositary Share (ADS).
The company's shares, which are currently listed on the Nasdaq Capital Market, will be transferred to the Nasdaq Global Market.
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