24-10-2012, 12:04 AM
anyway for shahekou district, based on my past visits to dalian, i never go there for shopping before. usually it would be the japanese named street called qingniwa in zhongshan district - the so called district/zone 'no 1'
(24-10-2012, 05:15 PM)Nick Wrote: [ -> ]ARA announce that it has suspended Dynasty REIT IPO
http://info.sgx.com/webcoranncatth.nsf/V...10030E4AC/$file/PressRelease-DynastyREIT-241012.PDF?openelement
Quote:While Dynasty REIT did receive substantial support from institutional and retail investors,
including the cornerstones in the transaction, weak global markets continue to impede overall
demand, which would likely impair aftermarket performance.
(24-10-2012, 06:39 PM)swakoo Wrote: [ -> ]There seems to be a contradiction within this part of the ARA announcement:
Quote:While Dynasty REIT did receive substantial support from institutional and retail investors,
including the cornerstones in the transaction, weak global markets continue to impede overall
demand, which would likely impair aftermarket performance.
If there was substantial support, why would they be worried about "weak global markets" (which most S-reits seem to be immune to these days anyway)?
Will be interesting to see if "weak global markets" will also result in termination of this reit IPO speculated to be in the works:
Japan’s Croesus Retail Trust Seeks To Raise US$650m Via Singapore IPO – Source
(24-10-2012, 07:23 PM)Nick Wrote: [ -> ]They are going to invest $100 million in this REIT. It will be quite painful to see $10 million wiped out on the first day of trading if the share price dived 10% like how Religare IPO fared.