There is a surge of web traffic to search for Hai Leck Holdings initial public offer lately. Leave me wondering what the specialty of this coming IPO?
This is a new local candidate for IPO applying to be listed into SGX-ST on 10 June 2008. The principal activities are scaffolding, corrosion prevention services and insulation services. You will hardly see this company in Singapore because they are specialize to serve petrochemical plant in Jurong Island, where profit margin is significantly higher then ordinary job. Other listed company ‘hiding’ on Jurong Island include Rotary Engineering.
Let wait and see the valuation for this new construction counter soon.
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