sg ipos... half are for suckers.. the rest for bloodsuckers.
Can huat this 1?13/09/2016
Business Times reported that private-held Thomson Medical is eyeing a Singapore listing.
Chairman Roy Quek, who took the helm last Nov, was initially aiming to list within 12-18 months of commencing his stint, but he estimated that a listing now would give the group only a $2-3b market cap, compared to the target of $5b.
The healthcare provider is expanding in Singapore, Malaysia, and Indonesia through M&As.
In Singapore, Thomson Medical plans to ramp up its tertiary hospital to 300 beds, as the current Thomson Medical Centre is already operating at full capacity of 190 beds.
The hospital group has come a long way. It has expanded into a multi-disciplinary business since 2010, emerging from its core business of women's and children's health. Since then, it had doubled revenue and EBITDA.
Topline grew from the $50-$100m range to the current $150-200m range, although EBITDA figures were not cited.
The Singapore listing will not only fund immediate expansion in Singapore, Malaysia and Indonesia, but also a wider reach to China, India and Australia, in the longer term.
Meanwhile, deflationary pressures remain in Singapore. The nation’s headline consumer prices fell 0.7 percent year-on-year in July, the 21st straight month of falling prices. Core inflation, which strips the costs of accommodation and private road transport, hovered at 1 percent year-on-year in July.
traders love this![]()
Nice chart
Deutsche Bank Shares Tank After CEO Rejects $14 Billion DOJ Settlement
Down 8%
Singtel customers can now have three times their monthly data allowance for just $9.90 more a month under a new add-on service launched on Friday (Sept 16).
The DataX3 add-on service is only available to new and recontracting customers on eligible Combo subscription plans, and comes with a two-year contract.
For instance, its Combo 2 plan which comes with 2GB of mobile data costs $42.90 a month. For $9.90 more or a total of $52.80 a month, customers get a total of 6GB of mobile data. This is half the price of the current 6GB plan, called Combo 6, which costs $102.90 a month.
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seriously though.. why people need so much data per month ? I 2GB a month also cant use finish

Another Forex market battle commencing in 6 minutes time at 8:30pm SGT.![]()
usd won???Another Forex market battle commencing in 6 minutes time at 8:30pm SGT.![]()
He bought for 400M and now want to list back for 5B. Song boh?
This rate hike is never ending worry wan la.. On that time it came down, rate cut not enough, mkt died. Cut rate alot, say economy like sh*t.. not recovering.
Now.. opposite lo. Rate hike, mkt died but say economy improving. Economy no good, no hike.. also die.
So these traders got volatility to play with. mkt flat where got $$ to make for them
However, i hope general economy recovers..

Central banks are the only game in town......
Instead of solving problems, they become part of the problem now...