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Mary Chia gets listed

Posted by sabrina On August - 18 - 2009   (751 views)   ADD COMMENTS

Mary Chia isn’t just the name of a successful businesswoman. It’s the name of the newly listed company Mary Chia Holdings Limited – the leading lifestyle and wellness service provider in Singapore.

The company is one of the leading lifestyle and wellness service provider in Singapore. Although the company is not listed, Mary Chia and her daughter, Wendy Ho, still owns majority of shares (81%) of the company and investors are purely minority shareholders.

For more detailed information, refer to: singapore-ipos.blogspot.com


Mary Chia’s spokeswomen, 李锦梅

As quoted,

“Revenue has grown from $10.84m in FY2006 to $13.46m in FY 2008 while net profit increased from $0.75m to $3.05m in the same period. The NTA post IPO will be 3.3 cents. The earnings per share for FY 2008 assuming the service agreement is in place will be 1.60 cents and based on the IPO price of 23 cents, the company is being priced at a historical PER of 14.4x (expensive!). The market cap post IPO will be $37.6m”

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