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11-06-2016, 12:25 PM
(10-06-2016, 09:13 PM)cyclone Wrote: New thread for Frasers Logistics & Industrial Trust, the largest initial pure-play Australian Industrial REIT to be listed in Singapore.Did not subscribe to Manulife Reits.
Frasers Logistics & Industrial Trust launches S$903 million IPO.
Highlights :
* 15 cornerstone investors committed to take up approximately 48.6% of the total number of Units in issue immediately after completion of the Offering
* The Offering has attracted institutional interest amounting to over 6 times of the size of the Placement Tranche (441,749,000 Units)
* Offering of 521,749,000 Units; priced at top end of the Offering Price Range at S$0.89 per Unit
* Expected distribution yield of 6.83% in Forecast Period 2016 and 7.30% in Projection Year 2017, with a distribution growth of 6.9%
* Public Offer (80 million units) opens at 9.00 p.m. on Friday, 10 June 2016 and closes at 12.00 noon on Thursday, 16 June 2016
More details : http://infopub.sgx.com/FileOpen/SGX_Pres...eID=408564
Anyone interested in subscribing the IPO ?
Think not good enough for stag so not good enough for me.
This one i think it's good enough for stag all along.
So far Institutions over subscribe by 6 times seem to say so
If CPF approved even better.
Is it CPF aproved?
Does the Prospectus says so?
Still got so many days to consider - closing date 12 noon 16 June.
Caveat Emptor!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.