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Performance of Initial Public Offerings (IPOs)

Company NameARMARDA GROUP LIMITED
MarketSGX SESDAQ
Date of ListingMay 21 2004
No. of shares Offered (mln)60.000
Subscription Level16.83 times
Par ValueHKD0.20
Offer PriceSGD0.27
Amount Raised (mln)SGD16.200
1st Day Closing PriceSGD0.285
1st Day Closing Price against Offer PricePremium/Discount
 
SGD0.015
 
5.56%
Closing Price as at 2008-08-28SGD0.060
Market Capital as at 2008-08-28SGD 23290928.4
Closing Price as at 2008-08-28 against Offer PricePremium/Discount
SGD(0.210)
(77.778) %
Issue Manager / SponsorSBI E2-Capital Pte Ltd
Company Profile 
Date of Incorporation08/13/2003
Place of IncorporationBermuda
Type of businessArmarda is principally engaged in the provision of a comprehensive and integrated suite of IT consulting, IT support and business transformation services for enterprises in the banking and financial services industry predominantly in China.

Last modified on 08/28/2008 07:00:56 PM