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Performance of Initial Public Offerings (IPOs)

Company NameMARCO POLO MARINE LTD.
MarketCatalist-NS
Date of ListingNov 05 2007
No. of shares Offered (mln)53.550
Subscription Level302.43 times
Par ValueSGD
Offer PriceSGD0.28
Amount Raised (mln)SGD14.994
1st Day Closing PriceSGD0.410
1st Day Closing Price against Offer PricePremium/Discount
 
SGD0.130
 
46.43%
Closing Price as at 2008-11-20SGD0.220
Market Capital as at 2008-11-20SGD 62865000
Closing Price as at 2008-11-20 against Offer PricePremium/Discount
SGD(0.060)
(21.429) %
Issue Manager / SponsorUOB Asia Ltd
Company Profile 
Date of Incorporation07/10/2006
Place of IncorporationSingapore
Type of businessMarco Polo is principally engaged in the ship chartering and shipyard businesses. The Group’s ship chartering business includes the provision of chartering, re-chartering and transhipment services of tugboats and barges to its customers from the mining, commodity, trading, shipping, construction, infrastructure, property development and land reclamation industries.

Last modified on 11/20/2008 07:00:46 PM