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iBosses set to list on ASX today, ready to help Aussie start-ups shine
ENTREPRENEURIAL training specialists, iBosses Corporation Limited (ASX: IB8) (“iBosses” and “Company”) is pleased to announce that the Company is set to list the Company’s securities on the Australian Securities Exchange (ASX) today, Wednesday, 30 September 2015 at 11:00am.
The Company has raised $2.7 million by the issuing of 13.5 million new ordinary shares at an issue price of $0.20 cents to achieve a market cap on listing of AUD $22.74 million.
In commenting on iBosses’ preparation for listing on the ASX, Founder and Group Chief Executive Officer of iBosses, Dr Patrick Khor, said:
“iBosses is delighted to be listing on the ASX and to be able to assist time-poor Australian entrepreneurs and may others around the world achieve their dreams of starting-up a new business.
“We are excited as this listing brings us closer to our aim of expanding operations to include 2,000 centres covering major cities of diverse regions in Malaysia, Indonesia, China, Australia, Philippines, Cambodia, Germany and America.”
iBosses employs the eight-level entrepreneurship acceleration process: Passion, Ideation, Validation, Implementation, Commercialisation, Replication, Fruition and Actualisation, to mentor entrepreneurs whose businesses presently focus on regional markets but have high potential and readiness to venture globally.
To assist start-up businesses in preparation for success, iBosses offers four business revenue models:
- Entrepreneurship Training
- Entrepreneurship Mentoring
- Entrepreneurship Digital Channel
- Entrepreneurship Licensing
iBosses’ e-system on Cloud is a digital platform that showcases start-ups from all over the world to investors, customers and other entrepreneurs allowing for convenient connections with potential members, co-founders, and crowd source.
In commenting on the imminent ASX listing, Mr Steven Lau, Deputy Chairman of iBosses Corporation Limited, said:
“iBosses is committed to listing on the ASX as it offers a sophisticated capital market, an internationally recognised and sustainable corporate governance environment, and a suitable platform for the Group’s expansion.”
ABOUT IBOSSES
iBosses is an internationally recognised corporation that is dedicated to inspiring and leading potential entrepreneurs in their pursuit of success through individually-tailored training programs.
With a vision to be the global leading provider of Entrepreneurship Training and Development, iBosses’ services include Entrepreneurship Training, Entrepreneurship Mentorship, Entrepreneurship Licensing and an Entrepreneurship Digital Platform. These services are intended to nurture, groom and grow successful entrepreneurs via iBosses Global Platform.
Established in 2014, iBosses Corporation Limited is based in Australia, and has expanded to include multiple centres located in Singapore (iBosses Private Limited), Hong Kong (iBosses Hong Kong Limited) and Malaysia (YES Academy Licensee). iBosses has been registered as a member of the Franchising and Licensing Association (Singapore) – FLA Singapore – iBosses.
ENDS
