07 Jul '12, 2am

Neo Group IPO – A Good Buy?

Neo Group IPO – A Good Buy?

The invitation shares on its platter – which constitute 15.3 per cent of the group’s enlarged share capital of 144 million shares – comprise one million public-offer shares and 21 million placement shares. The placement shares “have already been oversubscribed”, according to Neo Group’s executive director Elvis Lee. He also said there were no cornerstone subscribers as the company …

Full article: http://thefinance.sg/2012/07/07/neo-group-ipo-a-good-buy/

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