IPOs

23 July 2010 IPO Watch - Kreuz Holdings Limited
Reasonably attractive issue

01 July 2010 IPO Watch - CCM Group Ltd
Building “Green”

04 May 2010 IPO Watch - New Century Shipbuilding Ltd *IPO WITHDRAWN
***IPO WITHDRAWN*** Largest mainboard listing this year

14 April 2010 IPO Watch - Tiong Seng Holdings
Attractive valuation

12 April 2010 IPO Watch - China Minzhong Food Corporation
Go organic

08 April 2010 IPO Watch - Cache Logistics Trust
Attractive distribution yield

11 March 2010 IPO Watch - Qingmei Group Holdings
Huge growth potential

29 January 2010 IPO Watch - Sin Heng Heavy Machinery Limited
Needs a Lift

22 January 2010 IPO Watch - Ryobi Kiso Holdings Ltd
Riding on the construction boom

15 January 2010 IPO Watch - Tiger Airways
Highly-priced

17 December 2009 IPO watch - Hock Lian Seng Holdings Limited
A good buy

02 October 2009 IPO Watch – Ziwo Holdings Ltd
Compelling valuations but may not find favour with investors

15 September 2009 IPO Watch - China Gaoxian Fibre Fabric Holdings Ltd
Largest IPO issue to-date has compelling valuations.

27 August 2009 IPO Watch – Passion Holdings Limited
First S-Chip IPO of the year makes debut

14 August 2009 IPO Watch - Latitude Tree International Group Ltd
Issue price at S$0.22 per share is attractively priced.

05 August 2009 IPO Watch – PEC Ltd
Listing price at $0.40 per share is attractively priced. Subscribe

05 August 2009 IPO watch - Mary Chia Holdings Limited
Issue price at S$0.23 per share is attractively priced

15 April 2008 IPO Watch. China Zaino International Ltd
Valuation not cheap under current macro uncertainties. Do not subscribe

11 April 2008 China Eratat Sports Fashion Ltd. IPO Watch
Valuation is not compelling. Do not subscribe

07 March 2008 IPO Watch. Li Heng Chemical Fibre
Fair value $0.97. Good issue in an unfavourable market

07 March 2008 IPO Watch – Roxy-Pacific Holdings Limited
Valuations on prospectus not compelling

16 January 2008 IPO Watch. Afor Limited
Cautious over inherent risks and rich valuation