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UNI-Asia Finance ipo on offer ar 55ct Post Reply Rate topic
ozone2002 Supreme	15-Aug-2007 23:22        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Uni-Asia launches IPO   By CHOW PENN NEE   MAINBOARD aspirant Uni-Asia Finance Corporation launched its initial public offering (IPO) yesterday, offering 65.4 million new shares at 55 cents each.   Assuming full exercise of an over-allotment option, the IPO is expected to raise gross proceeds of $41.4 million. The company arranges financing of transport-related assets such as ships and aircraft, and the provision of ship charter arrangement and agency services, acting as the arranger and agent for the structured financing provided by third-party financial institutions. Investing in alternative assets such as distressed debt is another mainstay of the company's business. Established in Hong Kong 11 years ago by Japanese bankers Motokuni Yamashiro, Kazuhiko Yoshida, Michio Tanamoto and Takanobu Himori, the group - which recorded net profits of US$11.4 million last year - now has 32 staff in three offices in Tokyo, Hong Kong and Singapore. Kazuhiko Yoshida, chief executive of Uni-Asia, said: 'Launching our initial public offering in Singapore is very strategic for Uni-Asia's growth plans because of Singapore's position and reputation as one of the leading financial and maritime hubs in the world.' Of the total net proceeds from the IPO, about US$12.2 million will be used to invest in its first Singapore ship investment fund. About US$2.6 million will be used to further finance the company's investment in Rich Containership SA, which will acquire a new container vessel.
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teeth53 Supreme	12-Aug-2007 12:18        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	A miss for me, remember ipo profit s so much thining and even closed below water, at best +ve vest by BBs onlr, small player like me  1-2 lots is not enuff to pay back comm$$$.
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ozone2002 Supreme	08-Aug-2007 20:10        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	exposure to shipping, japan real estate... profits pretty steady... worth a try..   what do u reckon teeth53?
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battledome64 Member	08-Aug-2007 18:53        battledome64 About Contact  Quote this Post!
x 0   x 0  Alert Admin	i will give this one a miss..
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teeth53 Supreme	08-Aug-2007 18:36        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Underwriter: DBS Bank Ltd Registered Date:  08/08/2007  Issue Manager: DBS Bank Ltd                 List of Associated Documents You need Acrobat Reader to read the PDF Files Date Document Type Document(Click to view/download) Document Status 08/08/2007 Prospectus 1.3.1 - Prospectus dated 08.08.07.pdf (2251 Kb) Registered
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