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Stamford Law advises on the first billion dollar market capitalisation listing on the SGX-ST in 2012
Stamford Law advised Bumitama Agri Ltd. (“Bumitama”) on its initial public offering and listing on the Mainboard of the SGX-ST.
Bumitama is a young and fast-growing pure upstream palm oil producer that is based in Indonesia, and its listing - with a market capitalisation of S$1.31 billion - is the first sizeable billion dollar market capitalisation new listing on the SGX-ST in 2012. The offering (excluding the cornerstone shares) was approximately 30.8 times subscribed.
NG Joo Khin, Partner, together with Marcus TAN, Associate Director, led the Stamford Law deal team.
For more information please visit www.stamfordlaw.com.sg