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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.

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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.

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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.”

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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.

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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

Boyuan IPO Offer Opens

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

boyuan-prospectus-front-cover

Key IPO Details

  • First Chinese property developer to be listed on ASX and part of the very large Jiayuan Group with substantial development experience
  • FY2015 sales approx. A$20 million with NPAT approx. A$6.1 million
  • Pre-IPO valuation of A$50 million and P/E of 8.19x
  • Valuable real estate holdings in China together with properties in NSW and plan to become a large property developer in Australia post listing
  • Company intends to pay dividends in FY2016
  • Experienced board and management
  • Audited by Deloitte

A copy of the Boyuan prospectus is available from the dedicated Boyuan IPO page.

Open Date: 12 September 2016

Close Date: 12 October 2016

Minimum Investment A$2,000

Boyuan Holdings Limited Initial Public Offering Of Shares

Boyuan Holdings Limited (“the Company”), today announced that it has lodged its prospectus with ASIC for an initial public offer of shares in the Company at 20 cents per share to raise a minimum of $15 million and a maximum of $20 million. The Company has also submitted an application to the ASX for admission to the securities market operated by the ASX.

The Company will be valued at approximately $A70 million based on the offer price of 20 cents per share at the maximum subscription of $20 million under the prospectus. boyuan-property-image

The Company existing operations are located in Jiaxing, Zhejiang Province, China, where the Group is predominantly focused on developing a mixed-use commercial and residential property project known as the Jiayuan Central Plaza Project in the heart of a fast developing local town, Wangjiangjing in Jiaxing. The Company has also entered into agreements in respect of three property developments in NSW, in Austral, the Hunter Valley and Marsden Park.

  • The Company, through its subsidiary Boyuan Investment Holding Pty Ltd, has entered into agreements to acquire two parcels of land in the Hunter Valley Region of New South Wales, for the purposes of commercial property development.
  • The Company, through its subsidiary Boyuan Real Estate Holding Pty Ltd, has entered into an agreement to acquire a plot of land in Austral, NSW for the purposes of residential property development.
  • The Company has entered into an agreement to acquire the rights to an option to acquire a plot of land in Marsden Park, NSW for the purposes of residential property development.
  • The Company is also party to a sales and marketing agreement in respect of two property projects located in Lindfield and Marsden Park, NSW.

Commenting, the CEO of Boyuan Holdings Limited, Mr Yading Wan, said:

“Achieving a listing on the Australian Securities Exchange will be a key milestone for the Company as we expand into the Australian property development market. We see Australia as a key part of our international strategy. 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 Holdings Limited ASX: BHL

The Offer opens on 14 September 2016 and will close on 30 September 2016, with trading expected to commence on the ASX on 21 October 2016.

Details of the Offer are contained in the Prospectus lodged with ASIC. BlueMount Capital, with offices in Australia and Asia, is the Australian lead manager for the offer.

Investors interested in applying for shares will need to complete the Application Form in the Prospectus once the Offer opens. Investors should consider the Prospectus in its entirety and obtain professional advice before deciding whether to invest in the Company.

Once the offer opens, the Prospectus can be downloaded from BlueMount Capital’s Website at: www.bluemountcapital.com/BHL

Key Offer Statistics

  • Offer Price per share $0.20
  • Maximum number of shares available under the Offer 100 Million
  • Total number of shares (and equivalent shares) on issue as at the date of this Prospectus 250 Million
  • Number of shares on issue following the Offer based on maximum subscription 350 Million
  • Market capitalisation at Listing based on maximum subscription $70 Million
  • Offer Timetable 14 September 2016 – 30 September 2016
  • Offer opens 14 September 2016 Offer closes
  • 30 September 2016
  • Trading expected to commence on the ASX 21 October 2016

About Boyuan Holdings Limited

boyuan-logo

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