Singapore - Synagie Corporation Ltd is an e-commerce company that provides end-to-end commerce enablement solutions to businesses selling online and offline. The company is looking for a listing on Singapore's Catalist board. The organization is Southeast Asia's driving e-commerce business empowering influence in the body, beauty, and baby (BBB) part. Let's take a look at this stock investment.
Here are the key points that an investor should know -
As indicated by its IPO plan, Synagie as the share investment is the quickest developing internet business start-up in Singapore and one of the quickest developing in Southeast Asia. It posted income development of an astounding 551.8% every year for the money related period from 28 November 2014 to 31 December 2015 till the monetary year finished 31 December 2017. Synagie has more than 250 brand accomplices in the BBB area including surely understood brands, for example, Johnson and Johnson, Kimberly-Clark and Shiseido.
Synagie has a stage based, resource light plan of action with three business sections – e-commerce business, e-logistics, and insurtech – that meet up to offer creative and productive answers for its image accomplices.
The e-commerce business fragment helps the organization's image accomplices to change their conventional business to an online one. The e-coordinations fragment gives its image accomplices on-request warehousing administrations and last mile conveyance administrations. In conclusion, under the insurtech fragment, Synagie gives outsider organization arrangements, for example, maintenance agreement, coincidental harm assurance, after-deals support and call focus administrations to its image accomplices.
For the IPO, there will be an aggregate of 43 million offers in the offer, which involves a situation tranche of 39.2 million offers and an open tranche of 3.8 million. The IPO is evaluated at S$0.27 per share.
In view of the IPO cost and post-welcome offer capital of 261.7 million offers, Synagie is relied upon to have a market capitalization of S$70.7 million.
The posting is set to raise net continues of S$9.8 million. Synagie wants to utilize the cash for business extension (S$7.4 million) and working capital (S$2.4 million). Business extension incorporates entering new land areas, interests in data innovation abilities, and mergers and acquisitions.
Despite the fact that Synagie's income has become massively finished a previous couple of years as observed before, it had posted misfortunes amid a similar period. For the monetary year finished 31 December 2017, it went into a more profound loss of S$3.4 million, rather than S$2.3 million in the earlier year.
Synagie has likewise not been producing income from activities for the money related period from 28 November 2014 to 31 December 2015 through to the monetary year finished 31 December 2017. Starting at 31 December 2017, the organization had S$1.8 million in real money and money reciprocals and S$2.9 million in convertible notes.
Stay updated with our SGX equity signal blog for the receiving the latest updates, penny stock recommendation and stock signals. Thank you for reading.
Here are the key points that an investor should know -
As indicated by its IPO plan, Synagie as the share investment is the quickest developing internet business start-up in Singapore and one of the quickest developing in Southeast Asia. It posted income development of an astounding 551.8% every year for the money related period from 28 November 2014 to 31 December 2015 till the monetary year finished 31 December 2017. Synagie has more than 250 brand accomplices in the BBB area including surely understood brands, for example, Johnson and Johnson, Kimberly-Clark and Shiseido.
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| Initial Public Offering of Synagie Corporation Ltd |
Synagie has a stage based, resource light plan of action with three business sections – e-commerce business, e-logistics, and insurtech – that meet up to offer creative and productive answers for its image accomplices.
The e-commerce business fragment helps the organization's image accomplices to change their conventional business to an online one. The e-coordinations fragment gives its image accomplices on-request warehousing administrations and last mile conveyance administrations. In conclusion, under the insurtech fragment, Synagie gives outsider organization arrangements, for example, maintenance agreement, coincidental harm assurance, after-deals support and call focus administrations to its image accomplices.
For the IPO, there will be an aggregate of 43 million offers in the offer, which involves a situation tranche of 39.2 million offers and an open tranche of 3.8 million. The IPO is evaluated at S$0.27 per share.
In view of the IPO cost and post-welcome offer capital of 261.7 million offers, Synagie is relied upon to have a market capitalization of S$70.7 million.
The posting is set to raise net continues of S$9.8 million. Synagie wants to utilize the cash for business extension (S$7.4 million) and working capital (S$2.4 million). Business extension incorporates entering new land areas, interests in data innovation abilities, and mergers and acquisitions.
Despite the fact that Synagie's income has become massively finished a previous couple of years as observed before, it had posted misfortunes amid a similar period. For the monetary year finished 31 December 2017, it went into a more profound loss of S$3.4 million, rather than S$2.3 million in the earlier year.
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| Trading Tips |
Synagie has likewise not been producing income from activities for the money related period from 28 November 2014 to 31 December 2015 through to the monetary year finished 31 December 2017. Starting at 31 December 2017, the organization had S$1.8 million in real money and money reciprocals and S$2.9 million in convertible notes.
Stay updated with our SGX equity signal blog for the receiving the latest updates, penny stock recommendation and stock signals. Thank you for reading.
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