2 August 2017

Deals Update: ZICO Insights Law | shopper360 IPO

ZICO Insights Law LLC acted for ZICO Capital Pte. Ltd., the Sponsor and Issue Manager, and UOB Kay Hian Private Limited, the Placement Agent, for the IPO and listing by way of placement of shares of shopper360 Limited on Catalist in Singapore, completed on 30 June 2017. Director, Gregory Chan, led the transaction, assisted by Senior Associates Jaclyn Lee and Sanjeve Prakasam. ZICO Capital is led by CEO, Alex Tan and Managing Director, Karen Lim.

The IPO raised gross proceeds of approximately S$11.02 million and shopper360’s market capitalisation is approximately S$33.2 million, based on the post-placement share capital of 114,400,000 shares.

shopper360 is a well-established shopper marketing services provider in the retail and consumer goods industries in Malaysia, with 30 years of experience in the in-store advertising industry, and offers a comprehensive range of marketing and advertising services that integrate along the entire shopper journey, through in-store experience to loyalty, retention and repeat purchase.