Samurai 2K Aerosol

Samurai 2K Aerosol

Postby winston » Tue Jan 17, 2017 8:36 am

not vested

Shares of Samurai 2K Aerosol up 25% on trading debut open

By PC Lee


SINGAPORE (Jan 16): Samurai 2K Aerosol made a strong trading debut on Monday morning with its shares jumping 25% when trading opened.

The share price of the Catalist-listed aerosol coating specialist opened at 25 cents, up from its IPO price of 20 cents.

The first IPO for the Singapore Exchange this year, Samurai 2K's listing brings the total number of companies on the Catalist board to 186, with a combined market capitalisation of $10 billion, SGX said on Monday.

Samurai 2K manufactures, distributes and markets high performance coating solutions for the automotive refinishing and refurbishing industry.

It sells the self-branded products to customers in Southeast Asia including Malaysia, Indonesia, Thailand and the Philippines.

The company raised $2.35 million in net proceeds after placing out 20 million shares.

At the completion of the placement, Samurai 2K's total issued share capital comprised 100 million shares.

The counter closed at 24.5 cents on Monday, giving it a market cap of $24.5 million. About 5.6 million shares were traded during the session.

Source: The Edge

http://smr.theedgemarkets.com/article/s ... d-87358173
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Re: Samurai 2K Aerosol

Postby behappyalways » Sat Dec 02, 2017 8:38 pm

samurai-2k-aerosols-1h-earnings-quadruple-21-mil
https://www.theedgesingapore.com/samura ... ple-21-mil
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Re: Samurai 2K Aerosol

Postby behappyalways » Sat Dec 09, 2017 7:45 pm

samurai-2k-aerosol-best-ipo-performer-year-raising-10-mil-private-placement-fund-expansion
https://www.theedgesingapore.com/samura ... -expansion
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Re: Samurai 2K Aerosol

Postby behappyalways » Thu Jun 21, 2018 4:14 pm

Samurai 2K Aerosol's FY18 earnings surge fivefold to $3.9 mil on higher sales
https://www.theedgesingapore.com/samura ... gher-sales
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