General Interface Solutions - Well Flagged Deal, Though the Stock Is Already up 150% This Year

APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

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<p><a href="https://www.smartkarma.com/entities/9499" target="_blank" data-smartkarma-citation="entities:9499:1">TPK Holding Co Ltd (3673 TT)</a> is raising approximately US$239m through an issuance of 60m GDR. Proceeds raised will be used to procure raw materials from overseas.</p><p>The deal scores marginally positive on our framework owing to the company's strong momentum in price and earnings. Valuation relative to peers is also undemanding. 3D Touch for new iPhone 8 OLED screen has a higher ASP than its 3D LCD screens which may potentially improve margins going forward. The equity raise has also been flagged…</p>

TPK Holding Co Ltd (3673 TT) is raising approximately US$239m through an issuance of 60m GDR. Proceeds raised will be used to procure raw materials from overseas.The deal scores marginally positive on our framework owing to the company's strong momentum in price and earnings. Valuation relative to peers is also undemanding. 3D Touch for new iPhone 8 OLED screen has a higher ASP than its 3D LCD screens which may potentially improve margins going forward. The equity raise has also been flagged…

General Interface Solution Holding (6456 TT)

TPK Holdings Placement - Ride the iPhone Momentum

Tpk Holding

TPK Holdings Placement - Ride the iPhone Momentum