26-09-2013, 03:27 PM
(26-09-2013, 02:58 PM)KopiKat Wrote:(26-09-2013, 02:49 PM)CityFarmer Wrote: The delay of QE tapering might serve as tailwind to the impending FCL IPO.
Looking forward for the IPO.
Depends on next FOMC Meeting?
Extract from their previous PR,
A circular outlining the details of the above transaction will be despatched to F&N shareholders by about the end of October, after which an EGM is expected to be convened in November. The Books Closure Date and the listing of FCL shares are expected to follow thereafter.
Next FOMC meeting,
October 29-30
December 17-18*
I understood the point, but I assume Ben (US) will delay it till end of his term. Anyway, it is timing of market, might not be too reliable..

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