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The Best Route To Go Public

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Extracted from ISCA website.  Finding The Best Route To Go Public BY YAP WEE KEE, LEOW SZE BING and ISCA CORPORATE FINANCE COMMITTEE 4 Nov 2025 TAKEAWAYS An initial public offering (IPO) remains the gold standard to take a company public. Other alternatives include a reverse takeover (RTO), and special purpose acquisition company (SPAC). An RTO, also known as a backdoor listing, is typically quicker and less costly, and provides greater certainty and flexibility than an IPO. Issues of perception about an RTO can affect post-RTO liquidity and trading volumes. Although taking a company public is a major milestone, not all roads to a listing look the same. While the traditional path of the  initial public offering  (IPO) remains the gold standard, there are useful alternatives, namely, reverse takeovers (RTOs), and a solution that became available in Singapore in recent years – special purpose acquisition companies (SPACs). Each has its advantages and disadvantages and in th...

Picking a team

Most things in life is simple and small. You don't need a big and very experienced person to get small tasks done. 

BOARD OF DIRECTOR ROLES

 Each committee within a board of directors serves a specific purpose and requires a unique set of skills and experience. Let's break down the specific skills required for each committee role and contrast their objectives: a) Nomination Committee:    - Objective: Responsible for identifying, selecting, and nominating candidates for the board of directors and ensuring a diverse and skilled board composition.    - Skills required: Knowledge of corporate governance principles, understanding of the company's strategic direction, experience in talent assessment and succession planning, familiarity with relevant regulatory requirements, ability to evaluate board performance and composition. b) Remuneration Committee:    - Objective: Oversees executive compensation, including salaries, bonuses, and equity incentives, to ensure alignment with company performance and shareholder interests.    - Skills required: Understanding of executive compensation ...

Invisible cloth technology

The technology behind self-adaptive photochromism (SAP) cloth, a recent innovation, revolves around the use of specialized molecular compounds that can change their structure and thus their color in response to different wavelengths of light in their surroundings. This allows the material to spontaneously adapt its color to blend in with its environment, much like a chameleon. Here's a breakdown of the key technological aspects:  * Photochromic Molecules: The core of the technology lies in the incorporation of specific photochromic molecules into the fabric or as a coating on the fabric. These molecules are designed to have at least two stable forms with different absorption spectra, meaning they appear as different colors.  * Light-Induced Structural Change: When light of a particular wavelength (color) strikes these molecules, it triggers a reversible chemical reaction, causing the molecules to switch from one structural form to another. This change in molecular structure al...

Billionaires before 30 years old

Based on the latest information available in April 2025, here are some individuals who achieved billionaire status by the age of 30, along with their primary business ventures: Self-Made Billionaires:  * Alexandr Wang (28 years old): Co-founder and CEO of Scale AI, a San Francisco-based company that provides data labeling and software for training artificial intelligence models.  * Ed Craven (29 years old): Co-founder of Stake.com, which is described as the world's largest crypto-backed online casino. Billionaires Through Inheritance: Several individuals under 30 have become billionaires through inheritance from family businesses. These include:  * Johannes von Baumbach (19 years old): Heir to Boehringer Ingelheim, a large German pharmaceutical company.  * Clemente Del Vecchio (20 years old): Inherited a stake in Delfin, a holding company with significant shares in EssilorLuxottica (eyewear) and other major companies.  * LĂ­via Voigt de Assis (20 years old): One ...

Motivating stories

Three stories to boot: 1. Nokia refused Android 2. yahoo rejected google 3. Kodak refused digital cameras Lessons: 1. Take chances 2. Embrace the Change 3. If you refuse to change with time, you'll become outdated Two more stories: 1. Facebook takes over whatsapp and instagram 2. Grab takes over Uber in Southeast Asia Lessons: 1. Become so powerful that your competitors become your allies 2. Reach the top and eliminate the competition. 3. Keep on innovating Two more stories: 1. Colonel Sanders founded KFC at 65 2. Jack Ma, who couldn't get a job at KFC, founded Alibaba and retired at the age of 55. Lessons: 1. Age is merely a number 2. Only those who keep trying will succeed Last but not least: Lamborghini was founded as a result of revenge from a tractor manufacturer who was insulted by Ferrari founder Enzo Ferrari. Lessons: Never underestimate anyone, Ever! ✔️ Just keep working hard ✔️ Invest your time wisely ✔️ Don't be afraid to fail

Familiarity breeds contempt?

The old adage familiarity bridge contempt. I do not think that this statement is true. The person who coined this phrase must be an observer and not a participant. Familiarity do not breed contempt. I have seen familiarity breeds love.  So where does the content come from. It is the act of one person in respond to another person. If a woman finds the reply from the man is totally acceptable to her, then this breeds love. The feeling of contempt comes about when the woman disagree totally with the man. In all that he says and what he does.  Naturally this will end up in arguments and pointless debates.  When things get heated emotionally, it has a way of getting out of hand into areas of personal attack.  When that happens you start to hate each other to the core. This is how contempt is bred.  If you have another point of view, I would like to hear from you.