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29-09-2012, 01:35 PM
(This post was last modified: 27-03-2017, 02:23 PM by cyclone.
Edit Reason: Changed thread title
)
This could be the first listed healthcare business trust in SGX. Fortis is seeking to raise around $0.5 billion in this IPO and forecast dividend yield of 8.5 - 9%.
http://masnet.mas.gov.sg/opera/sdrprosp....7003E1692/$File/Project%20Sapphire%20Preliminary%20Prospectus%20dated%2028%20September%202.pdf [Preliminary Prospectus]
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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What is the difference between REIT and business trust.
First REIT will be in the similar business.
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the difference is that First Reit owns the properties those hospitals operate in, not the hospitals, but religare health trust operates the hospitals.
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The Sponsor is operating most of the Hospitals based on the initial IPO portfolio. I guess like Ai-Trust - INR / SGD rates is going to be an issue ?
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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why didnt they list the 201/2011 financial statements?
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(02-10-2012, 02:04 PM)majSirus Wrote: why didnt they list the 201/2011 financial statements?
I doubt the business trust (or any business trust or REIT) would exist at least 1 year before an IPO.
You can see the F/S of HPH Trust, KGT, Sabana REIT etc during the first year of listing - they did not do any comparison with the previous year result as they did not exist then.
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.