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If only if, I live long enuff...waiting for PSA to go public....No offer on the table yet.
Unlike Singtel, where everyone can get a small pc of action.
This don't seem to offer any share to it citizen. 
teeth53 ( Date: 11-Sep-2010 12:27) Posted:
| teeth53 wrote: IPO-ing on Prologis offer... |
The offering by GIC, which may exceed Singapore Telecommunications' S$4 billion ($2.9 billion) listing in 1993, is expected to be priced on Oct 8 and listed on Oct 15, one of the sources said.
Nothing is mentioned on this biggest offering, which is bigger then Singtel. |
Public offering (IPO) of its overseas assets worth around US$3 billion ($4.06 ... The sources said GIC planned to list its ProLogis assets in Japan and China. |
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| teeth53 wrote: IPO-ing on Prologis offer... |
The offering by GIC, which may exceed Singapore Telecommunications' S$4 billion ($2.9 billion) listing in 1993, is expected to be priced on Oct 8 and listed on Oct 15, one of the sources said.
Nothing is mentioned on this biggest offering, which is bigger then Singtel. |
Public offering (IPO) of its overseas assets worth around US$3 billion ($4.06 ... The sources said GIC planned to list its ProLogis assets in Japan and China.
Prologis IPO offer by GIC is fully booked.
Don know anything left for retailers ot not ?.
I am ready for this roaring lion before Election or after? .,.. cheong arrrrrrrrrrrrrhhhhhhhhhhhhhhhhhh
Public offering ( IPO) of its overseas assets worth around US$3 billion ($4.06 ... The sources said GIC planned to list its ProLogis assets in Japan and China. The offering, which may exceed Singapore Telecommunications' S$4 billion ($2.9 billion) listing in 1993, is expected to be priced on Oct 8 and listed on Oct 15, one of the sources said.
Citigroup and JPMorgan are global coordinators for the IPO and also bookrunners with DBS , UBS and China International Capital Corp (CICC), sources told Reuters earlier. ($1=1.344 Sing Dollar) (Additional reporting by Lee Chyen Yee in HONG KONG and Kevin Lim in Singapore)
"The logistics market is still quite healthy because it's correlated to external demand and exports, imports. In the Asia region, that is still pretty healthy," said Yew Kiang Wong, a CLSA research analyst in Singapore.
Investor education for the IPO will begin on Thursday, while roadshows will start on Sept 23, two sources with knowledge of the deal told Reuters.
Following the global crisis, GIC lessened its exposure to equities, but in recent months, with $300 billion in assets, it has been taking part in various deals.
Logistics business is arm of GIC Real Estate and is placed among the top-10 real estate investment firms globally.
when can we start subscribing to the IPO ?
So we should avoid?
Asia stocks hit 4-month high in cautious rise
Just info sharing, meanwhile Prologis IPO offer is full book and over subscribed.
GIC unit’s $4.02 billion IPO set for Oct 15: Source
Global Logistic Properties, a real estate unit of the Government of Singapore Investment Corp, is expected to list on the Singapore Exchange on Oct 15 in an initial public offering that could raise up to US $3 billion ($4.02 billion), a person familiar with the transaction said yesterday.
If it goes ahead, the IPO would be the biggest in Singapore since SingTel listed in 1993 and raised $4 billion in three tranches. It would also dwarf CapitaMalls Asia’s US $2 billion IPO launched last year.
Investor roadshows for the deal will commence on Sept 23, with pricing expected on Oct 8.
The deal is expected to be split into a 95-per-cent global tranche and a 5-per-cent Singapore tranche, the source said.
The proceeds of the IPO will be used to support growth in China and Japan, pay down existing loans and for general working capital purposes, the source said.
A number of other large Singapore IPOs are expected to hit the market in coming months, including a $1 billion IPO planned by Mapletree Industrial Real Estate Investment Trust, a unit linked to Temasek Holdings.
China-based New Century Shipbuilding is also said to be exploring the possibility of a $700 million IPO this year.
Dow Jones
fOreIgn MAYBANK thIrd-lEg dEEp pEnEtratIOn IntO sIngapOre BankIng sEctOrs
vEry serIOUs thrEat fOr lOcal sIngapOre banks ? ? ? ?
frOm thIs pOInt Onward,
sIngapOre banks wIll start tO shrInk ? ? ? ?
pharoah88 ( Date: 05-Sep-2010 18:24) Posted:
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Islamic banking in the heart of Geylang Serai
Julie Quek
juliequek@mediacorp.com.sg
SINGAPORE
The bank did not disclose the details of the new Islamic financial products at Friday’s launch but confirmed they were in the pipeline and formed part of its strategy to grow its Islamic banking business beyond its domestic market in Malaysia.
The new Islamic banking branch in Singapore is located in the heart of Geylang Serai, home to a large base of Muslims.
It is part of Maybank’s bigger plans for its Islamic banking unit as it aims to be the leading Islamic bank in Asean.
Malaysia’s biggest lender also said it hoped that earnings from outside its home country would contribute a higher percentage to its overall profits over the next five years.
Maybank chief executive Abdul Wahid Omar said: “The idea here will be to grow our profit to make up about 40 per cent from our international operations by 2015.”
Apart from the Asean region, the bank also expects demand coming from the Middle East, China and India.
Analysts say that oil-enriched Middle Eastern investors are attracted to Asia as the outlook for the United States and Europe remain sombre.
Mr Raj Mohamad, managing director of consultancy firm Five Pillars, said: “Asia is very well-positioned now to offer what is commonly known as Syariah-compliant products, to attract these monies from the Middle East.”
With about two-thirds of the world’s Muslim population in Asia, there is a huge potential for retail Islamic banking products to grow, analysts said. — Maybank Singapore has launched the first dedicated Islamic banking branch here and plans to roll out home loans and motor insurance products that are based on Syariah principles. |
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Islamic banking in the heart of Geylang Serai
Julie Quek
juliequek@mediacorp.com.sg
SINGAPORE
The bank did not disclose the details of the new Islamic financial products at Friday’s launch but confirmed they were in the pipeline and formed part of its strategy to grow its Islamic banking business beyond its domestic market in Malaysia.
The new Islamic banking branch in Singapore is located in the heart of Geylang Serai, home to a large base of Muslims.
It is part of Maybank’s bigger plans for its Islamic banking unit as it aims to be the leading Islamic bank in Asean.
Malaysia’s biggest lender also said it hoped that earnings from outside its home country would contribute a higher percentage to its overall profits over the next five years.
Maybank chief executive Abdul Wahid Omar said: “The idea here will be to grow our profit to make up about 40 per cent from our international operations by 2015.”
Apart from the Asean region, the bank also expects demand coming from the Middle East, China and India.
Analysts say that oil-enriched Middle Eastern investors are attracted to Asia as the outlook for the United States and Europe remain sombre.
Mr Raj Mohamad, managing director of consultancy firm Five Pillars, said: “Asia is very well-positioned now to offer what is commonly known as Syariah-compliant products, to attract these monies from the Middle East.”
With about two-thirds of the world’s Muslim population in Asia, there is a huge potential for retail Islamic banking products to grow, analysts said.
— Maybank Singapore has launched the first dedicated Islamic banking branch here and plans to roll out home loans and motor insurance products that are based on Syariah principles.
BRA banks flOOd
SIN banks ebb
eyeIng BRA(s) !
pharoah88 ( Date: 05-Sep-2010 17:41) Posted:
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GIC ‘eyeing $3.2b stake in Brazilian bank’
SAO PAULO
GIC declined comment when contacted by
Banco BTG Pactual, controlled by billionaire Brazilian Andre Esteves, was created in 2009 after BTG took over UBS Pactual from the Swiss bank.
It is the largest independent investment bank in Latin America and has regional offices in key global financial capitals such as London and Hong Kong to leverage on its expertise in emerging markets.
The bank operates in the areas of investments, asset management and wealth management.
GIC already is the largest shareholder in Switzerland’s UBS and one of the biggest in United States’ Citigroup, with its stakes in the two banking giants estimated at some $12 billion at current market prices.
If it takes the stake in BTG, it will be spreading its multi-billion bets beyond Europe and North America into the South American market. — The Government of Singapore Investment Corp (GIC) is in talks to buy a 16-per-cent stake in Brazilian investment bank Banco BTG Pactual for US$2.4 billion ($3.2 billion), the Brazil-based Exame magazine reported on Friday, citing people familiar with the negotiations it did not name.Bloomberg, while spokespeople for BTG Pactual in Sao Paulo were not immediately available for comment. |
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GIC ‘eyeing $3.2b stake in Brazilian bank’
SAO PAULO
GIC declined comment when contacted by
Banco BTG Pactual, controlled by billionaire Brazilian Andre Esteves, was created in 2009 after BTG took over UBS Pactual from the Swiss bank.
It is the largest independent investment bank in Latin America and has regional offices in key global financial capitals such as London and Hong Kong to leverage on its expertise in emerging markets.
The bank operates in the areas of investments, asset management and wealth management.
GIC already is the largest shareholder in Switzerland’s UBS and one of the biggest in United States’ Citigroup, with its stakes in the two banking giants estimated at some $12 billion at current market prices.
If it takes the stake in BTG, it will be spreading its multi-billion bets beyond Europe and North America into the South American market.
— The Government of Singapore Investment Corp (GIC) is in talks to buy a 16-per-cent stake in Brazilian investment bank Banco BTG Pactual for US$2.4 billion ($3.2 billion), the Brazil-based Exame magazine reported on Friday, citing people familiar with the negotiations it did not name.Bloomberg, while spokespeople for BTG Pactual in Sao Paulo were not immediately available for comment.
nO prOspectUs yet ?
niuyear ( Date: 30-Aug-2010 10:41) Posted:
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Are you ready for the IPO?
pharoah88 ( Date: 18-Aug-2010 21:02) Posted:
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GIC planning roadshows for $4b IPO: Sources
SINGAPORE
The sources said GIC would launch the IPO at the end of the third quarter or early in the fourth quarter. Nomura has been appointed to market the IPO in Japan, they said. GIC is likely to file the IPO prospectus with the Monetary Authority of Singapore in early September, said a source.
“It’s moving fast,” the person said.
A GIC spokesperson did not respond to MediaCorp by press time.
If successful, the IPO would be the biggest in Singapore in 17 years since SingTel listed in 1993 and raised $4 billion in three tranches. It would also trump CapitaMalls Asia’s US$2 billion IPO last year.
The sources said GIC planned to list its ProLogis assets in Japan and China in addition to some of its assets in South Korea.
In 2008, GIC Real Estate bought ProLogis interests in Japan and China in a deal worth US$1.3 billion to consolidate its existing portfolio in Japan and embark on expanding its logistics property business in China, according to wire reports. ProLogis is a global distribution facilities provider with 475 million sq ft of industrial space across North America, Europe and Asia.
GIC Real Estate also bought Star Tower, a 45-storey office building in Seoul from Lone Star Funds in 2004. — GIC Real Estate, the property arm of the Government of Singapore Investment Corp, is planning global roadshows late next month for an initial public offering (IPO) of its overseas assets worth around US$3 billion ($4.06 billion), Dow Jones Newswires reported yesterday citing unnamed sources. |
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Are you ready for the IPO?
pharoah88 ( Date: 18-Aug-2010 21:02) Posted:
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GIC planning roadshows for $4b IPO: Sources
SINGAPORE
The sources said GIC would launch the IPO at the end of the third quarter or early in the fourth quarter. Nomura has been appointed to market the IPO in Japan, they said. GIC is likely to file the IPO prospectus with the Monetary Authority of Singapore in early September, said a source.
“It’s moving fast,” the person said.
A GIC spokesperson did not respond to MediaCorp by press time.
If successful, the IPO would be the biggest in Singapore in 17 years since SingTel listed in 1993 and raised $4 billion in three tranches. It would also trump CapitaMalls Asia’s US$2 billion IPO last year.
The sources said GIC planned to list its ProLogis assets in Japan and China in addition to some of its assets in South Korea.
In 2008, GIC Real Estate bought ProLogis interests in Japan and China in a deal worth US$1.3 billion to consolidate its existing portfolio in Japan and embark on expanding its logistics property business in China, according to wire reports. ProLogis is a global distribution facilities provider with 475 million sq ft of industrial space across North America, Europe and Asia.
GIC Real Estate also bought Star Tower, a 45-storey office building in Seoul from Lone Star Funds in 2004. — GIC Real Estate, the property arm of the Government of Singapore Investment Corp, is planning global roadshows late next month for an initial public offering (IPO) of its overseas assets worth around US$3 billion ($4.06 billion), Dow Jones Newswires reported yesterday citing unnamed sources. |
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风水轮流转。
teeth53 ( Date: 17-Aug-2010 20:57) Posted:
China is for bond sales (not picking up bonds on sales), while U.S. is bond for sales (lelong, lelong).
4:10am: With stocks being a loose cannon, investors are turning to bonds to fill all kinds of return strategies. But here's one that's missing: high yields. More
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Nothing for Ex-NSF, even after National Service.
teeth53 ( Date: 30-Aug-2010 09:34) Posted:
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Thot this time round, signal from MOM - CPF 50 years celebration. wish thinking can get S$5,000 in ours CPF.
Got notthing lehh
NSF got S$9,000
teeth53 ( Date: 19-Jul-2010 09:52) Posted:
According to the Ministry of Manpower, for workers aged 55 and above, 18,600 earn gross monthly income of under $500, 64,000 earn less than $1,000, and 46,400 earn below $1,500. This means that 42 per cent of elderly workers earn less than $1,000.
teeth53 thot - Just wondering FM Tharman target, to rise more $$$ to S$3,100/- for workers ? |
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Thot this time round, signal from MOM - CPF 50 years celebration. wish thinking can get S$5,000 in ours CPF.
Got notthing lehh
NSF got S$9,000
teeth53 ( Date: 19-Jul-2010 09:52) Posted:
According to the Ministry of Manpower, for workers aged 55 and above, 18,600 earn gross monthly income of under $500, 64,000 earn less than $1,000, and 46,400 earn below $1,500. This means that 42 per cent of elderly workers earn less than $1,000.
teeth53 thot - Just wondering FM Tharman target, to rise more $$$ to S$3,100/- for workers ?.
Hulumas ( Date: 19-Jul-2010 08:55) Posted:
| Be humble, always think of other's ability, do not praise of yourself |
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