Xurpas Inc.
#1
Incorporated on November 26, 2001, Xurpas, Inc. (X) is a technology company specializing in the creation and development of digital products and services for mobile end-users, as well as the creation, development and management of proprietary platforms for mobile operators. The Company provides mobile marketing and advertising solutions integrated in these consumer digital products and platforms for the consumption of mobile users. The Company is also engaged in platform development and customization, system integration, mobile platform consultancy services, management of off-the-shelf application and social media related services.

The Company is a party to content provider agreements with Smart Communications, Inc., Globe Telecom, Inc. and Sun Cellular. Under these arrangements, X is primarily responsible for conceptualizing, designing, sourcing, generating, and maintaining (including, where necessary, de-bugging) mobile consumer content and services that its client may avail of for distribution to or access, subscription or use by its mobile phone subscribers.

In March 2016, the Company incorporated Xurpas Enterprise Inc. to primarily engage in the business of software development. In October of the same year, Xurpas acquired 100% stake in Art of Click Pte. Ltd, a company registered under the laws of Singapore and engaged in the business of mobile media advertising that offers a marketing platform for advertisers.

As of December 31, 2016, X has five subsidiaries namely, Xeleb Technologies Inc.; Storm Technologies, Inc.; Seer Technologies, Inc.; Xeleb Inc.; Yondu, Inc.; and six affiliates namely, PT Sembilan Digital Investama; MatchMe Pte Ltd.; Micro Benefits Limited; Altitude Games Inc.; Altitude Games Pte Ltd; and Zowdow, Inc.

Source: SEC Form 17-A (2016)


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#2
Meron pala toh, may prospectus na ba?
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#3
thanks boss Comm!Big Grin
repost from off topic thread

Mobile content maker Xurpas slashes IPO price

Mobile content provider Xurpas Inc is tweaking the structure of its P1.44-billion maiden share sale to make the offer price acceptable to retail investors.

SB Capital Investments Corp president Emilio Federico C. Galang III last week said Xurpas would sell 344 million shares at P4.19 apiece when it undertakes its initial public offering (IPO) later this month.

Under the original filing with the Securities and Exchange Commission (SEC), the technology firm would offer 34.4 million shares at P41.86 apiece.

The total size of Xurpas' P1.44-billion IPO and its market capitalization will remain unchanged, Galang said.

"It's a purely domestic offering so we want the shares to be acceptable to retail investors," Galang said. The company will have a public float of 20 percent after the offer.

Of the net proceeds, Xurpas will allot P784.71 million to finance the company's distribution expansion, while P261.57 million will be earmarked for the development and expansion of existing content. The remaining P261.57 million will bankroll the firm’s general corporate needs, including working capital requirements.

"We're in the middle of book building and take up is very healthy," Galang said.

Founded by entrepreneurs Nico Jose Nolledo, Raymond Gerard Racaza and Fernando Jude Garcia, Xurpas specializes in the creation and development of digital products and services for mobile end-users. It also creates, develops and manages proprietary platforms for mobile operators.

Aside from Xurpas, three more firms are planning to enter the stock market via IPO route this year. They are Phoenix Semiconductor Philippines Corp, Profriends Property Group Inc and SSI Group Inc.

So far, four companies have joined the bourse. Top Frontier Investment Holdings Inc and Trans-Asia Petroleum Corp entered the PSE through listing by way of introduction, while Double Dragon Properties Corp and Century Pacific Food Inc conducted first-time share sales.
http://www.interaksyon.com/business/9679...-ipo-price
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#4
last month newsBig Grin

Xurpas to enter Thai, Indonesian markets

XURPAS, Inc., a maker of applications for basic phones and candidate for an initial public offering (IPO), said it is seeking to penetrate the Indonesian or Thai markets by 2015, before a further expansion to the rest of Southeast Asia.
“We’re hoping to have one market next year. The goal is to quickly build footprint and the desire to enter major Southeast Asian markets is there,” Xurpas President Nico Jose S. Nolledo said in an interview with BusinessWorld on Thursday at the Edsa Shangri-La Hotel.

The mobile content provider plans to allot P784.71 million for distribution and expansion, to be sourced from the P1.4 billion it aims to raise from its maiden share sale.

A portion of the budget for expansion will go to the acquisition of firms within the same business line, Mr. Nolledo said, adding that the company is currently in talks with “a few” prospects.

“However, there are no immediate plans for joint ventures or partnerships. We have been doing it ourselves over the last 13 years and we always evaluate opportunities on the merits,” Mr. Nolledo said.

“We have no experience in joint ventures so we would be very careful in considering (partners). We always ask, ‘does it give us better content, can it help us expand our offerings or give us more access to customers?’”

Asked about the IPO, Mr. Nolledo said the intent is to exploit easier access to capital and gain the credibility that comes from being a listed company.

“There are over a hundred million SIM cards in the market and over 137 million online users. The opportunity now is very large and if we want to grow and expand faster, we don’t want to rely on internally generated funds anymore,” Mr. Nolledo said, noting that the company has never borrowed money in its 13-year history.

Xurpas’s products, which are geared primarily to the “base of the pyramid” that still uses basic phones, include ringtones, games, stickers, quotes or jokes of the day, and mobile text promos, among others.

“The cost of Internet access and the cost of devices are both going down,” Mr. Nolledo said, adding that he has a “very bullish” outlook on the tech industry.

“The beauty of software and digital products is that it is easier to distribute no matter where you are. From a trade perspective, we are less dependent on rules and regulations to be implemented when the ASEAN (Association of Southeast Asian Nations) integration happens.

And for our business, every mobile phone is a store because as long as a consumer has a phone and prepaid load, he can buy our products.”

The company has only 85 employees.

“We were always very conscientious about the kind of investments we make. The work force will not magically bloat after the IPO… I don’t foresee a significant jump in head count,” Mr. Nolledo said.

Xurpas is waiting for the Securities and Exchange Commission’s approval before proceeding with a planned Nov. 5 IPO, with the offer period targeted to run from Oct. 15 to 28. It plans to offer 34.4 million shares at P41.86 each.

“This is primarily a domestic offering -- and depending on the results, we’ll be able to peg a final price and valuation,” Mr. Nolledo said.

The company’s capital expenditure for the first half of the year was P910,000, from P3.35 million for the whole 2013.

“We are very capex-light, we hardly have any assets. Our capex is negligible,” Mr. Nolledo said. -- Daphne J. Magturo

http://www.bworldonline.com/content.php?...s&id=94805
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#5
Bro Bong sabi "later this month" d b dpat may prospectus na yan? hindi ko makita eh
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#6
(10-12-2014, 10:23 PM)Gavh1208 Wrote: Bro Bong sabi "later this month" d b dpat may prospectus na yan? hindi ko makita eh

Bro Gavh,kanina pa ako naghahanap wala rin sa pse.com pati sa edge ala din mahiwaga ata itoBig Grin
google ala dinHuh

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#7
hahaha, bk nmn hindi dito ang IPO nyan. ahihihi.
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#8
eto may date ng offer periodBig Grin


MANILA, Philippines – Xurpas Inc., one of the country’s largest independent mobile consumer content providers, is planning to raise as much as P1.44 billion ($32.95 million*) through an initial public offering (IPO) slated in October.

Documents filed with Securities and Exchange Commission (SEC) showed that Xurpas would offer 34.3 million primary common shares for up to P41.86 ($0.96) per share.

The offer shares represent 20% of the company’s outstanding common shares.

Proceeds from the offering will be used to for domestic and regional expansion, and acquisitions.

The company hired SB Capital Investments Corporation to be the issue manager and lead underwriter for the offer.

The offer period will run between October 15 and 28. Listing has been tentatively set on November 5.

http://www.rappler.com/business/industri...xurpas-ipo
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#9
(10-12-2014, 10:45 PM)bong21 Wrote: eto may date ng offer periodBig Grin


MANILA, Philippines – Xurpas Inc., one of the country’s largest independent mobile consumer content providers, is planning to raise as much as P1.44 billion ($32.95 million*) through an initial public offering (IPO) slated in October.

Documents filed with Securities and Exchange Commission (SEC) showed that Xurpas would offer 34.3 million primary common shares for up to P41.86 ($0.96) per share.

The offer shares represent 20% of the company’s outstanding common shares.

Proceeds from the offering will be used to for domestic and regional expansion, and acquisitions.

The company hired SB Capital Investments Corporation to be the issue manager and lead underwriter for the offer.

The offer period will run between October 15 and 28. Listing has been tentatively set on November 5.

http://www.rappler.com/business/industri...xurpas-ipo

maganda pala at si warden, este si sb sec pala ung underwriter, exciting. wahahaha
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#10
(10-12-2014, 10:47 PM)Gavh1208 Wrote:
(10-12-2014, 10:45 PM)bong21 Wrote: eto may date ng offer periodBig Grin


MANILA, Philippines – Xurpas Inc., one of the country’s largest independent mobile consumer content providers, is planning to raise as much as P1.44 billion ($32.95 million*) through an initial public offering (IPO) slated in October.

Documents filed with Securities and Exchange Commission (SEC) showed that Xurpas would offer 34.3 million primary common shares for up to P41.86 ($0.96) per share.

The offer shares represent 20% of the company’s outstanding common shares.

Proceeds from the offering will be used to for domestic and regional expansion, and acquisitions.

The company hired SB Capital Investments Corporation to be the issue manager and lead underwriter for the offer.

The offer period will run between October 15 and 28. Listing has been tentatively set on November 5.

http://www.rappler.com/business/industri...xurpas-ipo

maganda pala at si warden, este si sb sec pala ung underwriter, exciting. wahahaha

bro Gavh,eto yung panay padala promo sa celfone kahit ayaw mo! tubong lugaw!Big Grin
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