Pasture Holdings to be listed on SGX soon! What are the investment highlights?
Pasture Holdings Ltd. to be listed on SGX soon! What are the investment highlights? $Pasture Holdings (UUK.SG)$
-Started with proving international wholesale procurement, transhipment, and drop-shipment of pharmaceutical products
-Established mask and medical supplies division in 2005 following the SARS outbreak, with a focus on innovating and developing our own proprietary brand of masks
-Primarily a B2B and B2G product and service provider to customers which include distributors, governments and healthcare institutions
-Continue to expand the scope of product portfolio and expand into new business segments
-Obtained licenses from Health Sciences Authority ("HSA") and hence, required to comply with HSA
> 50 countries served
> 26 years track record6 outsourced manufacturing facilities
> 1,000 pharmaceutical products supplied globally14 FDA clearances and 20 NIOSH certifications obtained for our proprietary masks20 NIOSH certifications for our proprietary masks
-----------------------------------------------
Subscribe Pasture Holdings Ltd. IPO in moomoo App, enjoy 0* subscription fees and get S$10.8* Cash Coupon!
-Listing Date：9 June 2023 SGT
-Subscription Period：1 June 2023 9:00am SGT - 6 June 2023 23:59:59pm SGT
-----------------------------------------------
-----------------------------------------------
Strong market presence with long-standing customer relationships
Established track record of more than 26 years and served customers in over 50 countries.
Strategically positioned for growth through partnership
Strong collaboration with one of the largest medical and pharmaceutical distribution companies.
Comprehensive product portfolio
Supplied more than 1,000 pharmaceutical products, medical supplies and devices, with a range of FDA cleared and/or NIOSH certified proprietary brand of masks.
Strong macro fundamentals driving growth in demand
Rising healthcare expenditure will propel global demand.
Developing new lines of products and services
Development of oral disintegrating strips for medicinal administration of certain drugs and a mobile application to provide a comprehensive suite of pet health and nutrition services for pet owners.
Experienced and dedicated management team
Experienced management team with extensive track record in healthcare and pharmaceutical sectors.
-----------------------------------------------
Masks and Medical Supplies
Develop, market and sell a range of proprietary masks developed through collaboration with contract manufacturers.
Engage in the wholesales procurement and sale of medical supplies and devices.
Pharmaceutical Wholesale and Drop-Shipment
Engage in the wholesale procurement and trans-shipment of pharmaceutical and nutraceutical products.
Specialise in cold-chain management for temperature-sensitive pharmaceutical products.
Other Services
Expanded into complementary services-such as marketing and selling a range of oral disintegrating strips.
Introduced a mobile application which provides a suite of pet health and nutrition services for pet owners.
-----------------------------------------------
Gross profit margin and net profit margin are maintained at approximately 29.3% and 16.2% respectively for FY2022.
Losses incurred in 1Q2023 were largely attributable to a drop in demand for masks following the stabilisation of COVID-19 outbreak and recognition of expenses relating to the proposed listing.
-----------------------------------------------
Executive Chairman and Chief Executive Officer
-Over 39 years of industry experience
-Possesses extensive industry knowledge and expertise in the fields of nanotechnology and immunology
-Spearheads various of the Group's product development activities
Chief Financial Officer
Experienced corporate advisor with expertise in corporate turnaround, M&A, corporate finance and business, and IT strategy.
-----------------------------------------------
>Strengthening existing business segments through business expansion.
>Diversification into new geographical market segments.
>Collaborations and partnerships with strategic business partners to expand product portfolio and distribution network.
>Expansion through acquisitions and joint ventures.
-----------------------------------------------
A printed copy of the Offer Document and the application forms in respect of the Offering is available for collection, subject to availability during office hours, at the following offices from 05 June 2023, 12PM (SGT) to 07 June 2023, 5PM (SGT):
PrimePartners Corporate Finance Pte. Ltd. 16 Collyer Quay#10-00 Collyer Quay CentreSingapore 049318
Anyone wishing to acquire the Shares will need to make an application in the manner set out in the Offer Document.
A copy of the Offer Document is also available on the SGX-ST website, http://www.sgx.com.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
calm Mink_0531 : minimum subscription? what are the fees?
Seekr : Where can we find the prospectus
To the Moo OP calm Mink_0531 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
You can find details on this page>> Log In
To the Moo OP Seekr :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Prospectus from SGX >> Pasture Holdings Ltd. - Singapore Exchange (SGX)
You also can find details on this page >> Log In
104028267 : it's a buy. I bought mine.