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Nanofilm: Receives Strong Demand For IPO.

30 Oct 2020 10:37

Public Offer Shares 30.6 times subscribed. At the same time as, but separate from, the Offering, 13 cornerstone investors including Venezio Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited, certain funds advised by Capital Research and Management Company, Employees Provident Fund Board, Aberdeen Standard Investments (Asia) Limited, AIA Investment Management Private Limited and Lion Global Investors Limited, have subscribed for an aggregate of 104,256,100 Cornerstone Shares. The Offering and the issuance and sale of the Cornerstone Shares will raise gross proceeds of approximately S$470.1 million, assuming that the Over-allotment Option is not exercised. Nanofilm will be the first nanotechnology solutions provider to list on SGX-ST. Commencement of trading of Shares is expected to be at 9.00 a.m. on 30 October 2020...

Attachments:

• Nanofilm_NewsRelease.pdf
• Nanofilm_BallotingAnnouncement.pdf

Source: ShareInvestor Express