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IPO News

BlueMount Capital appointed Lead Manager for TrekAce Technologies Ltd’s IPO on the Australian Securities Exchange

BlueMount Capital is pleased to advise that we have been appointed Lead Manager for TrekAce Technologies Ltd of Israel, to list the Company on the Australian Securities Exchange (ASX) via an IPO aimed at late 2019.

TrekAce Technologies’ patented technologies give militaries, athletes, gamers and adventurers wearable devices and applications that facilitate tactile communication. Its six-pointed wriststrap navigator directs the wearer in real time, with vibration and sound notifications. It includes a screen that displays various metrics including temperature, azimuth, direction, elevation, route, and speed. The device connects to the wearer’s smartphone with Bluetooth Low Energy (BLE).

The technology offers navigation and group-management apps, as well as a structured API for third-party developers. The API enables them to implement tactile functionalities in their app UXs, making apps relevant and applicable to fields they presently fail to address (e.g. gaming, biometrics, navigation, sports performance, messaging, and C2). The Company provides militaries a complete & unique tactile solution for navigation and situational awareness.

TrekAce Technologies is currently generating revenues and profits, and it is expected that sales will be significantly grown by the time of the IPO.

For more information please email our Sydney office at sydney@bluemountcapital.com

BlueMount Capital Appointed as Corporate Advisor and Joint Lead Manager for Integrative Health Care Limited (IHC) ASX IPO

BlueMount Capital is pleased to advise that we have been appointed Corporate Advisor and Joint Lead Manager (with Patersons Securities) for the upcoming IPO of Integrative Health Care Limited (IHC).

IHC is a group of companies providing integrated healthcare services to individuals and organisations delivered through wholly-owned clinics, client workplaces and in the community by providing high quality, integrated healthcare including General Practice, integrative and specialist medicine, allied health and complementary medicine.
 
The group has been operating since 2007, initially as a corporate health provider. Opened its first health and medical clinic in Sydney CBD in 2010 and currently owns 16 clinics and 4 sleep laboratories with a committed acquisition pipeline of a further 14 healthcare businesses, plus another at least 4 acquisitions in progress, including a small private hospital in Sydney. The group will own and operate a clinical network of 50 by end of 2020.
 
Our assignment will comprise being the corporate advisor, and raising funds now for a pre-IPO raising of around $4M and then an IPO in conjunction with Patersons in Quarter 4 of this year. 

Haixi Pharmaceutical International Holdings Limited IPO

BlueMount Capital is pleased to announce that the Initial Public Offer for Haixi Pharmaceutical International Holdings Limited has opened for investors.

Haixi Pharmaceuticals Prospectus

Key IPO Details

  • Substantial increasing profits and assets with high margins
  • First Chinese pharmaceutical company  to be listed on the ASX
  • Long-standing brand recognition with 20 years history
  • High dividend payout ratio planned at 50% of NPAT, payable twice a year
  • Value investment at a P/E lower than sector average on ASX and HKEX
  • Plans to expand into the Australian market and intends to acquire or invest in Australian companies in the pharmaceutical sector
  • ​China is the worlds second largest market for pharmaceuticals

The Prospectus for the offer and a Company Presentation can be obtained via:

www.bluemountcapital.com/HXP

Open Date:  21 July 2017

Close Date: 27 October 2017

Minimum Investment A$ 2,000

Nelson Resources appoints CPS Securities

The Nelson Resources Limited (the Company, ASX: NES) Board is pleased to advise that Nelson Resources Limited has today appointed CPS Capital Group Pty Ltd (“CPS”) as lead broker to raise $5,000,000 by the issue of 25,000,000 new shares at $0.20 each the offer closing on the 31st March 2017.

The appointment of CPS a highly successful broker in the resources sector as the lead broker will complement the lead Manager Blue Mount Capital.

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Nelson Resources Lodges Replacement Prospectus

The Nelson Resources Limited Board is pleased to advise that Nelson Resources Limited has lodged its Replacement Prospectus to raise $5,000,000 by the issue of 25,000,000 new shares at $0.20 each.

In 2016, the Company successfully raised $851,500 in seed capital. Its application for listing on the ASX has been accepted and Nelson Resources Limited is now recorded on the ASX upcoming floats section.

Read more

ASX Rule Changes – A Summary

The Australian Securities Exchange (ASX) has just released their revised rule changes that will take effect from 19 December 2016.

We note that the changes have been modified to those originally proposed.

The key listing admission rule changes are:

  • Increasing the requirement for profit test entities to have consolidated profits for the 12 months prior to admission from $400,000 to $500,000
  • Increasing the net tangible assets test from $3 million to $4 million
  • Increasing the market capitalisation test from $10 million to $15 million
  • Introducing a 20% minimum free float requirement
  • A single tier spread test requiring at least 300 security holders each holding at least $2,000 of securities.
  • Requiring asset test entities to disclose to the market two full financial years of audited accounts and any significant entity or business that it has acquired in the 12 months prior to applying for admission or that it proposes to acquire in connection with its listing
  • Standardising the $1.5 million working capital requirement for those admitted under the assets test.

If you have any questions on the new rules or wish to discuss an IPO opportunity please email or phone us.

Boyuan Holdings Limited (ASX:BHL) Lists on ASX

Boyuan Holdings Limited (ASX:BHL) today commenced trading on the ASX following the successful closure of it’s IPO following solid demand from a broad range of investors raising A$18.6 million. At the offer price of A$0.20 per share, Boyuan will have a market capitalisation of approximately A$69 million.

boyuan-listing-asx-bluemount-team-boyuan-management

BlueMount Capital was the lead advisor to Boyuan.

boyuan-listing-asx-boyuan-management-ring-bell

Commenting on the successful listing, the Chairman of Boyuan Holdings Limited, Dr Saliba Sassine thanked the team of advisors saying: “The Board of Boyuan would like to take this opportunity to thank its supporters and shareholders in making the company’s IPO an outstanding success. We believe that Australia’s combination of a stable government, a strong housing sector and skilled workforce provide Boyuan & our investors with significant opportunities.”

boyuan-listing-asx-boyuan-chairman-speech

Boyuan Holdings Limited IPO Closes Following Strong Demand

Boyuan Holdings Limited ASX:BHL

Boyuan Holdings Limited today announced the successful closure of its ASX IPO following solid demand from a broad range of investors raising A$18.6 million. At the offer price of A$0.20 per share, Boyuan will have a market capitalisation of approximately A$69 million.

BlueMount Capital was the lead advisor to Boyuan.

boyuan-property-image

Commenting on the closing of the listing, the Chairman of Boyuan Holdings Limited, Dr Saliba Sassine, said: “The Board of Boyuan would like to take this opportunity to thank its supporters and shareholders in making the company’s IPO an outstanding success. We believe that Australia’s combination of a stable government, a strong housing sector and skilled workforce provide Boyuan & our investors with significant opportunities.” Final allocation and allotment of shares is now underway with trading expected to commence on 31 October 2016 under the ticker code BHL.

About Boyuan Holdings Limited

Boyuan Holdings Limited (“BHL”) conducts property development and management through its Chinese subsidiary (Jiaxing Boyuan Real Estate Development Co., Ltd) in Jiaxing, Zhejiang Province, China. It has recently completed the development of a mixed-use property complex, known as the Jiayuan Central Plaza Project, located in Jiaxing City, Zhejiang Province, China. BHL is currently focusing on future property development opportunities in Australia, in Marsden Park, the Hunter Valley and Austral NSW.
For more information on Boyuan Holdings Limited, visit: www.boyuan.com.au

About BlueMount Capital

BlueMount Capital is a licenced capital markets advisor with offices in Sydney, Brisbane and Perth and with representative offices in Shanghai, Beijing and Hong Kong. BlueMount as well as being involved in capital raisings and M&A is particularly active in listing foreign companies on the ASX where it has listed five Chinese and other foreign companies over the past 3 years.

For more information about BlueMount Capital:
Visit: www.bluemountcapital.com
Email: sydney@bluemountcapital.com
Contact Len McDowall on +61 1300 70 70 10

Boyuan IPO Media Coverage

The opening of the Boyuan IPO offer has received widespread media attention in the Australian press. Both The Australian Financial Review and the Australian have both covered the IPO.

boyuan-logo

Financial Review Article – Boyuan is the first Chinese developer to list on ASX

The Australian Article – Boyuan plans market listing after buying giant subdivision site

Interested investors can download the prospectus on our dedicated Boyuan page