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Performance of Initial Public Offerings (IPOs)

Company NameSTAR PHARMACEUTICAL LIMITED
MarketSGX Mainboard
Date of ListingFeb 15 2006
No. of shares Offered (mln)58.532
Subscription Level times
Par Value
Offer PriceSGD0.35
Amount Raised (mln)SGD20.486
1st Day Closing PriceSGD0.455
1st Day Closing Price against Offer PricePremium/Discount
 
SGD0.105
 
30.00%
Closing Price as at 2009-01-05SGD0.065
Market Capital as at 2009-01-05SGD 15218125
Closing Price as at 2009-01-05 against Offer PricePremium/Discount
SGD(0.285)
(81.429) %
Issue Manager / SponsorKim Eng Capital Pte Ltd
Company Profile 
Date of Incorporation01/10/2005
Place of IncorporationSingapore
Type of businessSTAR Pharmaceutical Limited is engaged in the manufacture and sale of TCM-formulated prescription drugs. Its market is primarily in China and its sales are made through its distribution network of approximately 240 distributors to hospital, clinics and pharmaceutical. It also operates 20 liaison offices established in major cities and provinces in China.

Last modified on 01/05/2009 07:01:18 PM