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yes it really depends how they allot the shares. But tell ur remiser to update u on it so that he dun forget. Your
battledome64, thanks!!This is the first time my remiser ever sms me for this kind of kang-tao. I thought of subscribing but think there's no gtee that he will be able to get some for me.
wah...i trade very often with DBSVO but no one ever call me on this. This reit is worth the stag i think. Good luck!
battledome64, remiser from DBSV.
Others, especial teeth53, any opinion abt this IPO. tHANKS
A little bit more info. Just found out... However, would appreciate any input on this, like a good or bad deal? Remiser said:
Px 1.01 to 1.18
Yield: 4.75 to 6.37
Ascendas India Trust, owned by a Singaporean office and industrial parks manager, plans to raise up to $500 million in a Singapore listing in July, a person familiar with the matter said yesterday.
Ascendas India, which last week launched a $500 million property fund focused on Indian office projects, will sell 425.3 million shares with a greenshoe over-allotment option of 10 per cent, the source said. The shares would be priced at about $1.17 each with an offering of that size, according to Reuters calculations, although the price range will not be disclosed until July 2, the source said.
Ascendas also controls Ascendas Real Estate Investment Trust, which is Singapore?s second-biggest real estate investment trust. The company had been in talks with bankers to list its Indian fund investing in information technology parks in the country?s booming economy.
Ascendas India, which hired Citigroup, DBS and JPMorgan to handle the deal, will begin its investor roadshow on July 9 and price its shares on July 23, the source said.
Source: The Business Times, 19 June 2007
should be good prospects.
EastonBay is ur remiser from JPmorgan? I also want le..
Hi All, anyone heard of this one? Remiser sms and asked if I'm interested but couldn't find anything on SJ or SGX website. Any idea if it is a good IPO?
Ascendas to launch Indian real estate trust in Singapore
Singapore, July 3: Business park developer Ascendas is set to launch Singapore's first listed Indian real estate trust, according to its preliminary prospectus released Tuesday.
The JTC Corporation subsidiary submitted the prospectus with the Monetary Authority of Singapore for the listing called Ascendas India Trust, which will raise up to 550 million Singapore dollars (over $350 million).
The Singapore-based trust, which currently holds 100 acres of land in Pune and Nagpur, intends to own income-producing real estate used primarily as business space in India.
Ascendas, the sponsor for the trust, will initially launch four projects. These are the International Tech Park Bangalore, International Tech Park Chennai, the V Hyderabad, and CyberPearl Hyderbad.
The trust will have proposed development plans totalling 1.5 million square feet of space, the prospectus said.
Ascendas launched the Ascendas India Development Trust last month to invest in integrated real estate projects in India.
The JTC Corporation subsidiary submitted the prospectus with the Monetary Authority of Singapore for the listing called Ascendas India Trust, which will raise up to 550 million Singapore dollars (over $350 million).
The Singapore-based trust, which currently holds 100 acres of land in Pune and Nagpur, intends to own income-producing real estate used primarily as business space in India.
Ascendas, the sponsor for the trust, will initially launch four projects. These are the International Tech Park Bangalore, International Tech Park Chennai, the V Hyderabad, and CyberPearl Hyderbad.
The trust will have proposed development plans totalling 1.5 million square feet of space, the prospectus said.
Ascendas launched the Ascendas India Development Trust last month to invest in integrated real estate projects in India.