Business Daily Media

iBosses Reaches Minimum Subscription & Set To List On ASX

  • Written by Rachel Gemmell



iBosses Corporation Limited
(“iBosses” and “Company”) is pleased to announce that the Company has reached the minimum subscription under  the  prospectus and is ready to list on ASX.

 

The prospectus offers 25 million shares at an issue price of $0.20 cents per share to raise up to $5 million with a minimum share subscription of $2.5 million representing the issuing of 12.5 million shares at $0.20 cents.

 

In commenting on the achieving the minimum subscription milestone, Dr Patrick Khor, Founder and Group Chief Executive Officer of iBosses Corporation Limited, said:

 

“We are delighted to reach the minimum subscription and be working towards the completion of the IPO process and the imminent listing of iBosses Corporation Limited on the Australian Securities Exchange. 

 

“iBosses listing on the ASX brings iBosses closer to its aim of expanding its operation to include 2,000 centres covering major cities of diverse regions such as Johore Bahru (Malaysia), Jakarta (Indonesia), Hangzhou (China), Suzhou (China), Adelaide (Australia), Manila (Philippines), Phnom Penh (Cambodia), Cologne (Germany) and San Francisco (USA).”

 

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, Independent Non-Executive 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.

 

For more information please visit: www.ibosses.com  

Business Reports

Businesses encouraged to seek help to deal with cashflow issues

Daniel Riley, leading finance expert and CEO of one of the country’s top business finance providers, Earlypay, is encouraging businesses to reach out for assistance to deal with cashflow issues before it’s too late. “Ou...

Basic Dropshipping Business Tips To Remember

During the pandemic one of the businesses which many people looked to get involved with was dropshipping, a great option if you know what you are doing. This is a business which sees you focus on selling online, contacting manuf...

Aussies plan to turn their side hustle into their full time gig

SIDE HUSTLE BOOM: 4 IN 5 AUSSIES TURN SIDE HUSTLE DREAMS INTO DOLLARS    New research reveals more than three quarters (78%) of Aussies plan to turn their side hustle into their full time gig   With the rise in cost of ...

Fixing Broken Processes in the Financial Services Sector

As established financial services firms face increasing competition with the emergence of nimble fintech rivals, many are looking for ways to make their internal processes more efficient. Manual, paper-based workflows and proce...

Six ways businesses can minimise travel disruptions

While business travel continues to grow healthily, travellers may have another potential disruption to be on guard for: the rapid rise of flu and COVID cases that are expected to peak in the coming months. A leading travel manag...

How Australians are missing out on retirement returns

Australians are missing out on potential returns by not regularly salary sacrificing, according to new research by Finder, Australia’s most visited comparison site. A new Finder survey of 722 people with super revealed only...

Web Busters - Break into local search

WebBusters.com.au