UNZA re-launches IPO

South East AsiaÆs largest independent personal care products producer hopes to take advantage of strong demand for Asian consumer plays.
Singapore-based UNZA Holdings has relaunched a S$38.4 million $23.6 million IPO almost three months after scrapping plans to list on the Singapore Stock Exchange SGX because it thought market conditions were not good enough.

The CLSA led deal will now open today February 15 and close on February 21. It has been priced at S$0.35 per share and will comprise a base deal of 109.9 million shares, with a 10.9 million greenshoe.
The deal has a split, which will see 95% placed with institutions and 5% with retail. UNZA management and staff will account for a further 7.5% that will come out of the institutional book. Post-greenshoe, the company will have a freefloat of just...
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