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How Do I Invest In An IPO Nordea Now
How Do I Invest In An IPO Nordea
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The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice. This blog is dedicated to companies listing on SGX Mainboard and the Catalist from 07. 23 each for the public and 230m shares via placement. The public offer will close on April 18 at 12pm and starts trading on April 20. SLB Development Ltd is a diversified property developer that was “spun out” from the listed Lian Beng Group. In case you don’t know, Lian Beng is one of the big local construction firms along side Chip Eng Seng, Koh Brothers and Lum Chang.
SLB and the balance will be held by the public. Established network of business relationships with other developers – SLB has formed JVs with Oxley, KSH, Koh Brothers and Heeton Holdings. This is the case for SLB as well as you can see from the financials over the last 3 years where profits fluctuate quite widely. Based on the enlarged share capital and the post invitation EPS of 1. PER based on FY2017 is around 13. Besides the portfolio above, SLB has the upcoming pipeline of property developments to be launched in 2H of 2018.