amscot has partnered with OnMarket BookBuilds to provide our clients with even more investment opportunities. In addition to the exclusive capital raisings that amscot undertakes and offers to our clients, you can now take advantage of offers from OnMarket. Our association with OnMarket will allow you to bid directly on IPOs and have the shares allocated straight to your holdings at amscot. Through OnMarket our clients will also be able to access free research, management interviews and get notifications on upcoming IPOs.
OnMarket is Australia’s first online platform that lets all investors buy shares in IPOs free of any fees other than the cost of the shares. Since launching in October 2015 OnMarket has hosted 1 in 3 ASX IPOs, so we are obviously excited to be able to offer our clients access to this cutting-edge platform. For each offer hosted by OnMarket you get easy bidding & payment, free independent research, and a chance to 'meet the management' via exclusive video interviews. Best of all, when you invest in IPOs via OnMarket, any shares you buy can be allocated directly to your amscot Stockbroking account so you can manage your portfolio without disruption.
We will display the list of current offers from OnMarket on our website. If you see an offer that you want to invest in then click on the Bid Now button to apply for shares. You will leave amscot website and be redirected to our partner's (OnMarket) bidding platform where you will need to sign up with your Holder Identification Number (HIN). If you have already signed up then you will be taken straight to the bidding page for the selected offer.
Offer is only open for four days. Bids over $5,000 may be scaled back more heavily, and we cannot guarantee that all funded applications will be allocated. Duplicate bids may be cancelled.
Kleos Space SA (ASX: KSS) will launch and operate satellite infrastructure that will generate commercial geospatial intelligence (GEOINT) and signals intelligence data (SIGINT) data and sell the Data as a Service (DaaS) internationally via subscription to government agencies, the intelligence community, end users, or businesses interested in locating threats, assets, targets or emergency beacons/those in distress.
Kleos has been incorporated in Luxembourg and is developing the software to collect information previously not available on a global coverage basis. There are no readily available, reliable or commercially driven solutions in existence today using large aerial arrays on Earth or satellites that also come at an affordable price for consumers.
Kleos is a Data as a Service (DaaS) company initially targeting the government intelligence, surveillance and reconnaissance (ISR) market. As Kleos develops its product offerings, it will expand its product offering from the provision of ‘raw data’ to the provision of higher value ‘intelligence’ and will also extend its target market to the commercial geospatial intelligence market
Kleos will launch, own and operate Low Earth Orbit (LEO) Satellites that will orbit the Earth collecting data on radio transmissions from devices such as Marine and Land Based very high frequency (VHF) devices.
Longer term Kleos intends to launch up to 20 satellite systems in total. The more satellite systems in orbit, the more frequently the same area of the Globe is observed thus reducing latency in reported data and will have the capability to geolocate radio transmissions other than VHF/AIS. Other example radio transmissions of interest are from cell phones, radar and signal jammers.
Kleos Space SA is looking to raise $11 million, and will have an estimated market capitalisation of $28.8 million at maximum subscription on a fully diluted basis. The proceeds from the Offer will be used for:
The company is offering CHESS Depositary Interests (CDIs) over ordinary shares. CDIs represent the beneficial interest in the underlying shares in a foreign company and are traded in a manner similar to shares of Australian companies listed on the ASX. Each Share will be equivalent to 1 CDI and will trade under the ASX code KSS.
Kleos believes that the key investment highlights of the Offer include the following:
Kleos is a Data as a Service (DaaS) company initially targeting the government intelligence, surveillance and reconnaissance (ISR) market.
ISR provides information and intelligence to decision-makers and action-takers, helping them to make informed, timely and accurate decisions. The users of ISR data are predominately governmental defence and security agencies. Increasingly complex threats and emergencies are driving the need for ISR data. ISR data is not a ‘nice to have’, but a ‘must-have’ capability, as ISR superiority is essential for success when dealing with emerging global threats. Every government knows that it needs both strategic and tactical ISR data to protect and ensure the safety of its citizens, and Ministries of Defence, Interior & Security are commonly tasked with obtaining the latest ISR data.
Kleos Space SA is managed by an experienced team with a broad range of development and commercialisation of Space technology and more broadly, in the Government and Non-Government defence and security sectors. These include:
You are encouraged to read the Prospectus carefully as it contains detailed information about the Company and the Offer. Like all investments, an investment in the Company carries risk. As set out in Section 4 of the prospectus, Kleos Space SA is subject to a range of risks, including but not limited to intellectual property, licences and permits and suspension or withdrawal of consents.
Section 734(6) disclosure: The issuer of the securities is Kleos Space SA ARBN 625 668 733. The securities to be issued are CHESS Depository Receipts (CDIs) over ordinary shares in the capital of Kleos Space SA, to be quoted on ASX. The disclosure document for the offer can be obtained by clicking on the link above. The offers of the securities are made in, or accompanied by, a copy of the disclosure document. Investors should consider the disclosure document in deciding whether to acquire the securities. Anyone who wants to acquire the securities will need to complete the application form that will be in or will accompany the disclosure document (which can be done via the electronic application form which will become available by clicking the bid button above).
OnMarket has a limited allocation. The offer may close early and the 'Pay By' dates may change. Bids over $5,000 may be scaled back more heavily. Duplicate bids under the same investment profile, investor name or residential address may be cancelled.
1414 Degrees Limited (ASX: 14D) designs, develops and manufactures Thermal Energy Storage Systems (TESS) that utilise the very high energy density of molten silicon to maximise efficiency. The TESS is intended to provide affordable and reliable renewable energy storage. The Company’s TESS devices are versatile and scalable, differentiating them from other storage systems and technologies.
The ability to deliver heat with high efficiency means 1414 Degrees’ technology has been particularly sought-after by industry, property developers and by entities responsible for self-sufficient networks in the unregulated commercial setting. The Company’s industrial product line is being developed to meet the needs of end users ranging from waste treatment utilities to poultry processors and packaging manufacturers, all of whom have approached the company on their own initiative, seeking solutions to high energy costs and reduction in carbon emissions.
Following years of effort by the Company’s engineering team and the successful development of its commercial demonstrator, together with the support of a Commonwealth Government AusIndustry Accelerated Commercialisation grant, the Company is now in an early stage of product development and commercialisation.
1414 Degrees Limited is looking to raise between $30 million and $50 million via its IPO with a market capitalisation of approximately $94.0 million at maximum subscription.
The proceeds of the IPO will primarily be used for:
The 1414 Degrees TESS stores electrical energy as heat in molten silicon in an insulated container, then retrieves this energy to supply heat or to generate electricity when required. Highly efficient variants of the system include burning bio-fuel to heat the store, and a heat-only version outputting steam or hot air.
The novelty of the TESS is in the high temperature use of silicon in its melting phase of 1414°C. This means the TESS is able to store large amounts of energy as both latent and sensible heat (latent heat is heat that causes a change of state with no change in temperature whereas sensible heat is related to changes in temperature with no change in phase).
The Company has four modular TESS designs based on the core silicon phase change storage technology:
What differentiates the Company’s technology from alternative energy storage technologies is the capacity of its TESS products to efficiently supply high temperature heat as well as energy in the form of electricity in proportions that suit users’ specific requirements, making it unique in the energy storage market and of interest to customers in a range of industries, for a variety of applications
1414 Degrees intends to install TESS devices in industry sites to generate operating specifications required for sales to national and international customers. The Company will generate revenue by:
1414 Degrees Limited is managed by an energetic and experienced team with a broad range of technical, commercial and financial skills. These include:
As set out in Section 6 of the Prospectus, 1414 Degrees Limited is subject to a range of risks, including but not limited to short operating experience; reliance on third parties, failure to build and commission TESS technology, business strategy and shortage of funding.
Section 734(6) disclosure: The issuer of the securities is 1414 Degrees Limited ACN 138 803 620. The securities to be issued are ordinary shares. The disclosure document for the offer can be obtained by clicking on the link above. The offers of the securities are made in, or accompanied by, a copy of the disclosure document. Investors should consider the disclosure document in deciding whether to acquire the securities. Anyone who wants to acquire the securities will need to complete the application form that will be in or will accompany the disclosure document (which can be done via the electronic application form which will become available by clicking the bid button above).
Tempus Resources Limited (ASX:TMR) is an exploration company, established with the purpose of exploring and developing copper and other mineral opportunities. On completion of the IPO, Tenpus will acquire a 90% interest in Montejinni Resources Pty Ltd (ACN 616 894 216) (Montejinni), which is the registered holder the Montejinni Project in the Northern Territory and the Claypan Dam Project in South Australia.
Tempus will be led by Alexander Molyneux (Executive Chairman), who is an experienced mining industry executive, director and financier. Until recently, he served as CEO of one of the world largest publicly listed uranium producers, Paladin Energy Ltd. (ASX: PDN) where he recently presided over a US$700M successful recapitalisation and re-listing of the company. Alexander currently serves as non-executive chairman of Argosy Minerals Ltd. (ASX: AGY), non-executive chairman of Azarga Metals Corp. (TSXV: AZR) and non-executive director of Metalla Royalty & Streaming Ltd. (TSXV: MTA). Alexander’s recent assignment as CEO of Paladin involved a number of complex transactions to complete the successful recapitalisation of the company.
Brendan Borg (Non-Executive Director) is a highly respected geologist who has specialised in the “battery materials” sector including lithium, graphite and cobalt mineralisation, participating in numerous successful projects, in an investment and/or operational capacity. Brendan is currently managing director of Celsius Resources (ASX: CLA) and has 20 years’ experience gained working in management, operational and project development roles in the exploration and mining industries. He has worked with companies including Rio Tinto Iron Ore, Magnis Resources Limited, IronClad Mining Limited, Lithex Resources Limited and Sibelco Australia Limited.
Tempus Resources Limited is looking to raise $5 million, and will have an estimated market capitalisation of $7.3 million at maximum subscription. The proceeds from the Offer will be used for:
The Montejinni Project, located near Top Springs in the Northern Territory has abundant anecdotal and physical evidence of copper rich float within the tenement location. Historical data has been collated and reviewed from previous site work undertaken between 1968 and 1997 by Renison Goldfields, Stockdale, Tipperary Land Corporation and Metals Exploration. Amalgamation of the data has produced a new exploration target with potential for a significant high grade poly metallic (copper & zinc) deposit.
The Claypan Dam Project is located in the Gawler Craton of South Australia. It has the potential to host a variety of mineralisation styles including iron oxide copper gold (IOCG), nickel–copper, iron–titanium‐phosphate (FTP), rare earth elements and banded iron formation (BIF) ore deposits.
The Directors are of the view that an investment in Tempus Resources provides the following nonexclusive list of advantages:
The Company’s main objectives on completion of the Offer are:
As set out in Section 4 of the Prospectus, Tempus Resources Limited is subject to a range of risks, including but not limited to volatility of base metal prices and exchange rates, exploration costs and risks with respect to the holding of exploration tenure.
Section 734(6) disclosure: The issuer of the securities is Tempus Resources Limited ACN 625 645 338. The securities to be issued are ordinary shares. The disclosure document for the offer can be obtained by clicking on the link above. The offers of the securities are made in, or accompanied by, a copy of the disclosure document. Investors should consider the disclosure document in deciding whether to acquire the securities. Anyone who wants to acquire the securities will need to complete the application form that will be in or will accompany the disclosure document (which can be done via the electronic application form which will become available by clicking the bid button above).
The Keytone Dairy Group Ltd IPO has closed early via OnMarket.
Bids over $5,000 may be scaled back more heavily, and we cannot guarantee that all funded applications will be allocated. Duplicate bids under the same investment profile, investor name or residential address may be cancelled.
Keytone Enterprises (NZ) Company Ltd (“Keytone”) has been in operation since 2014 using its proprietary manufacturing facility in Christchurch, New Zealand and has commercialised whole and skim milk powder as well as other dairy powder blends under its proprietary brands.
Keytone is focused on providing high-margin, value-added products for export globally, including to China and other Asian countries, as well as domestic sales to discerning supermarket customers. It is seeking to capitalise on its manufacturing and exporting platform, including by expanding its production capacity and building additional manufacturing facilities.
Keytone had revenues of $1.57m and EBITDA of $538,554 for the financial year to 31 March 2017, and is forecasting revenue and profits of $1.95 million and $652,270, respectively, for the financial year to 31 March 2018.
Keytone’s proprietary products are carried in major traditional supermarket chains both in and outside of New Zealand, including Countdown (Woolworths), New World and PaknSave in New Zealand, Metro in China and Hals Kraft in Sweden. Keytone also distributes its products through online channels including JD.com, Tmall/Taobao-Alibaba and VIP.com.
Keytone also manufactures and packs a range of powdered dairy products for major supermarkets, retail chains and other customers under their private label brands across New Zealand and international markets.
Keytone holds coveted licenses including the China Certification and Accreditation Administration (CNCA) registration and Halal certification by the Federation of Islamic Associations of New Zealand and is registered with the New Zealand Ministry of Primary Industries, Risk Management Program.
As part of the IPO, Keytone Dairy Corporation Limited (pending ASX: KTD) will acquire 100% of Keytone Enterprises (NZ) Company Ltd and will manage and operate Keytone’s business.
Keytone Dairy Corporation Limited is looking to raise up to $15 million via its IPO.
The proceeds of the IPO will be used to:
Keytone operates in the dairy products segment of the fast-moving consumer goods industry. Keytone focuses on the global market for the powdered dairy industry and nutritional and nutraceutical ingredients industry, which are estimated to be worth at least US$21.4 billion (approximately $28.3 billion at the date of this Prospectus) and US$12.2 billion (approximately $16.1 billion), respectively.
Demand for dairy and nutrition products are growing rapidly in Keytone’s primary export markets, Asia and in particular China, driven by growth in China’s middle-class population and the ending of its one-child policy. China’s Ministry of Agriculture expects dairy imports to reach 15.88 million tonnes in 2020, a 43.1% increase over imports in 2015.
Keytone owns three main brands, being KeyDairy®, KeyHealth® and FaceClear®, all of which are registered trademarks in New Zealand and are the subject of trademark applications in Australia. Additionally, KeyDairy® is registered in China and FaceClear® is registered in both China and the European Union.
Keytone’s business model is aimed at generating revenues from the sales of high margin, value-added products under its own brand, as well as from manufacturing and packing products for major supermarkets, retail chainsand other customers under the customers’ private label brands, with whom Keytone has existing relationships.
Keytone had revenues of $1,568,005 and EBITDA of $538,554 for the financial year to 31 March 2017, which represents substantial growth from its revenues of $66,259 and EBITDA of $(42,452) for the financial year to 31 March 2013. In addition, Keytone’s revenue and profit forecasts are $1,945,907 and $652,270, respectively, for the financial year to 31 March 2018.
The Keytone team comprises proven individuals with extensive experience in the global dairy industry and includes Bernard Kavanagh (Chairman) who has held executive positions including Executive Director, CFO, GM - Corporate Development at Warrnambool Cheese and Butter Factory Co Ltd including during the periods leading up to ASX Listing and subsequent acquisition by Saputo Inc., and Peter Hobman (Non-Executive Director) who was formerly General Manager at Murray Goulburn Co-Op Dairy Co Ltd and MG Nutritionals. The Company is headed by Keytone’s Managing Director, CEO and founder James Gong, who was Head of Sales for Asia at Westland Co-operative Dairy Company prior to founding Keytone.
As set out in Section 7 of the Prospectus, Keytone Dairy Corporation Limited is subject to a range of risks, including but not limited to business strategy, regulatory risk, manufacturing and supply and competition.
The information contained herein is intended solely for persons within Australia and New Zealand. This communication is not for publication or distribution, directly or indirectly, in or into the United States of America, including its territories and possessions, any state of the United States of America and the District of Colombia (collectively, the “US”). This communication is not an offer of securities for sale into the US. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the US, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the US.