Skip to content

Your guide to upcoming floats

min read

A selection of companies that are raising capital and have applied for official admission to ASX, as well as links to information on upcoming and new listings.

Here is a snapshot of entities that had applied for admission to the official list of ASX, as at October 6, 2015. 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. Bitcoin Group Limited
Bitcoin Group is an Australian based pure-play Bitcoin mining operator, currently producing approximately 1.45 per cent of the global mining output, by operating 5.3 petahashes of mining hardware in seven mining sites across China, Iceland and Australia. Capital to be raised: $20 million.

2. Ding Sheng Xin Finance Co Limited
 The Australian parent company of the Ding Sheng Xin Finance Group, a financing and non-financing guarantee services provider that services small and medium-sized enterprises and individuals in the People’s Republic of China.  Capital to be raised: $30 million.

3. Hazer Group Limited
Hazer Group is commercialising the Hazer Process; a novel low cost graphite and hydrogen production technology. Based in Perth, Hazer Group was established in 2010 after the initial Hazer Process research was undertaken by researchers at the University of Western Australia. Capital to be raised: $5 million.

4. Henry Morgan Limited
A listed investment company that manages funds for sophisticated investors. Capital to be raised: $34 million.

5. OneAll International Limited
Founded in 2001, GardenArt (OneAll’s key brand) has gradually transitioned from a furniture trading company into a leading outdoor furniture ODM (Original Design Manufacturer) with an award-winning in-house design team, its own manufacturing facilities and high-margin distribution model. Capital to be raised: $2.5 million.

6. Recce Limited
Recce is the creator of the Recce (brand) antibiotics. Recce antibiotics kill both susceptible bacteria and drug resistant “super bugs” – a worldwide health danger arising from resistance to conventional, present-day antibiotics. Capital to be raised: $5 million.

7. Soon Mining Ltd
Soon Mining is a gold mining company registered in Australia. Its flagship operation is the Kwahu Praso Gold Concession, in the Eastern Region of Ghana, with Soon Mining fully owning the project. Capital to be raised: $3 million.

From ASX

The entities listed above have made application for admission to the official list of ASX. Part of this application process includes the allocation of a provisional ASX code and the provision of details about the entity on the linked page above. In some instances, ASX provides a link to a third-party site from which the offer document and application form may also be available for download.

The allocation of a code and the provision of a link to a third-party site does not in any way imply that the entity’s application for admission to the official list will be approved and should not be considered in any way as an indication of the merits of the entity. Use of a link to a third-party site indicates your acceptance of the conditions.

It is advisable to obtain investment advice before making any investment decisions relying on information provided on a third-party site, and the entity’s offer document should be read in its entirety before any decision is made to invest in the entity’s securities.

The views, opinions or recommendations of the author in this article are solely those of the author and do not in any way reflect the views, opinions, recommendations, of ASX Limited ABN 98 008 624 691 and its related bodies corporate ("ASX"). ASX makes no representation or warranty with respect to the accuracy, completeness or currency of the content. The content is for educational purposes only and does not constitute financial advice. Independent advice should be obtained from an Australian financial services licensee before making investment decisions. To the extent permitted by law, ASX excludes all liability for any loss or damage arising in any way including by way of negligence.

© Copyright 2015 ASX Limited ABN 98 008 624 691. All rights reserved 2015.
Previous Next