SoilbuildBizREIT   

SOILBUILD BUSINESS SPACE REIT

77.5

 

Lai lai....argh. Pre-opening guess....computer is matching now....???

 

Soilbuild business space Reit is very generous. Apart from APTV, have not seen a more generous allocation lately

If you apply -- 50 to 99 lots (get 18 lots), 100 to 199 lots (get 36 lots), 200 to 499 lots  (get 57 lots), and 500 to 999 lots (get 91 lots)

With Dow down -225 points, err.. if anyone kena, one will be quite worried n concern.

Lets see how it will debut today!

 

Assuming  Oni - Soilbuild REIT on fair trading range, a yield of 7% -  7.5%, fair value will be about 0.78c - 0.83c, if use price to book of 1.0x  - 1.1x,  trading value will range between 0.80c to $0.88c.

Note: On IPOs recently performance - With most recent successful listing of both SPH Reit n OUE H-Trust. Only SPH Reit gave a reasonable short term return, while OUE H-Trust, short term  performance is just short of expectation.

 

 

http://infopub.sgx.com/FileOpen/Balloting_Announcement.ashx?App=Announcement& FileID=252698

Balloting_Announcement.pdf

Board of Directors of SB REIT Mgt P/L. Soilbuild REIT is pleased to announce that the indications of interest received for the

Placement Tranche of 524,032,000 Units resulted in the Placement Tranche being oversubscribed.

At the closed of public offer, there were 10,093 valid applications for 337,009,000 Units. Based on 62,500,000 Units available  for  public subscription, the Public Offer was approximately 5.4 times subscribed.

Expecting commence trading on 'ready' basic - 16 Aug 2013 at 14:00 pm..   

teeth53 wish all Soilbuild REIT players, good luck n  huat...argh.