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PR Newswire
06-03-2013, 06:48 AM
http://info.sgx.com/webcoranncatth.nsf/V...400450210/$file/FarEastH-Trust_Balloting_Announcement.pdf?openelement
FE H Trust priced similarly was 14.6x over. However, since then mkt has improved vastly and it can only be logically expected that mkt participants are richer since then.
FE H Trust priced similarly was 14.6x over. However, since then mkt has improved vastly and it can only be logically expected that mkt participants are richer since then.
(06-03-2013, 12:17 AM)hongonn Wrote: Never underestimate the number of rich people in Singapore.
Mapletree's China-focused REIT IPO nearly 30 times subscribed
SINGAPORE: The initial public offering of Singapore's largest real estate investment trust has been fully snapped up.
Units of Mapletree Greater China Commercial Trust is nearly 30 times subscribed at the close of the public offer.
The Reit offered a total of about 776.6 million units at 93 cents each, raising some S$1.7 billion.
There was strong demand for both the placement and public tranches.
And even the 50.3 million reserve units offered were over-subscribed.
The Reit will make its trading debut in the Singapore Exchange on Thursday.