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Your guide to upcoming floats

This article appeared in the December 2013 ASX Investor Update email newsletter. To subscribe to this newsletter please register with the MyASX section or visit the About MyASX page for past editions and more details.

From ASX

Here is a snapshot of entities that had applied for admission to the official list of ASX, as at December 5, 2013.

Further details about the entities are set out in the linked pages below. The allocation of a provisional ASX code and provision of details about the entity and the offer does not in any way imply that the entity's application for admission will be approved and should not be considered in any way as an indication of the merits of the entity or the offer. Where a disclosure document has been lodged in relation to the offer of an entity's securities, a copy of the disclosure document can be found on the entity's website. You can only apply for the entity's securities on the application form that is in or accompanies the disclosure document. You should consider and read the disclosure document in full before deciding whether to invest in the entity's securities. If you have any questions, you should seek advice from your financial or other professional adviser.

Upcoming floats has more information, and Recent floats and listings provides information on entities that have listed on ASX in the previous two months.

Note: information about upcoming floats can change quickly if companies close their IPO ahead of schedule, or decide to extend their offer. Check the ASX website or talk to your financial adviser for latest information. IPO listing and closing dates are indicative only.

1. Affinity Education Group Limited

Established to be a leading provider in the Australian market of high-quality education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care, and occasional care. Capital to be raised: $76.7 million.

2. DorsaVi Ltd

DorsaVi Ltd (previously Pro-Active Medical Pty Ltd) is a biotechnology company focused on developing innovative motion analysis device technologies. The company name comes from dorsa, Latin for 'back' and Vi, which is a derivative of the French word for 'life', Vie. Capital to be raised: $18 million.

3. Elsmore Resources Ltd

Elsmore Resources is a mining and exploration company focused on exploration for tin and gemstones in and around the New England region of New South Wales. Capital to be raised: $7 million.

4. GDI Property Group

GDI Property Group is a property syndicate/property fund manager that specialises in forming and managing income property syndicates/trusts and value-add property syndicates/trusts to wholesale (high net worth) investors. Over the past 20 years GDI has established and managed 36 property funds with a total value in excess of $1.25 billion. Twenty-seven of these funds have successfully been completed. Capital to be raised: $567.6 million.

5. Hotel Property Investments

Hotel Property Investment owns a portfolio of 48 properties. There are 41 pubs, seven detached bottle shops and other on-site specialty stores in the portfolio. The properties are in Queensland and South Australia and have been independently valued at $481.5 million as at 1 October, 2013. Capital to be raised: $279 million.

6. HuaYi Resources

HuaYi Resources has a magnesite project in the mountainous region in Haicheng City, in the People's Republic of China (PRC). HuaYi intends to undertake a drilling program with the aim of providing a JORC-compliant resource for the project, and verify and validate the classified mineralisation estimates undertaken in the PRC in 2009 and 2012. Capital to be raised: $2.5 million.

7. iBuy Group Limited

Operating e-commerce websites focused in flash sales in Hong Kong, Singapore and Malaysia. Capital to be raised: $37 million.

8. Innate Immunotherapeutics Limited

Has designed and manufactured a unique immunomodulator micro-particle technology that can be used to induce the human immune system to fight certain cancers and infections, or modulate certain immune mechanisms implicated in autoimmune diseases such as multiple sclerosis. Capital to be raised: $10 million.

9. National Storage REIT

National Storage has 62 storage centres around Australia. Its strategy is to continue to expand its network through the acquisition of existing sites and the development of "greenfield" sites. It was established in December 2000 following the merger of Stowaway Self Storage, National Mini Storage and Premier Self Storage. Capital to be raised: $240 million.

10. Pact Group Holdings Ltd

Pact was formed in June 2002 and is a well-established packaging businesses throughout Australia, New Zealand and Asia. It manufactures packaging and other products that service customers in the food, dairy, beverage, chemical, agricultural, industrial and other sectors. Capital to be raised: $648 million.

11. PM Capital Global Opportunities Fund

The fund is intended to provide investors with an opportunity to invest in global equities via an ASX- listed investment company. The aim is to provide long-term capital growth by investing in a concentrated portfolio of undervalued global (including Australian) equities and other investment securities. Capital to be raised: $200 million.

12. Sandon Capital Investments Limited

Sandon Capital is a Sydney-based activist investment and advisory firm. It targets superior investment outcomes for its clients through the extensive experience and skills of its management team in analysing and managing a diverse range of asset classes, including shares, credit and high-yield securities, closed-end funds, private equity funds and property funds in Australia as well as globally. Capital to be raised: $100 million.

13. Valence Industries Limited

Valence Industries plans to restart operations at the Uley Graphite Project on the Eyre Peninsula in South Australia. Formerly known as Strategic Graphite Limited, Valence Industries has developed plans for a capital raising and ASX listing in late 2013. Capital to be raised: $10.1 million.


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