Results are out.
Check your EPS results.
ozone2002 ( Date: 19-Oct-2010 19:23) Posted:
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Mapletree's IPO gets 39.6 times subscription rate
By Mok Fei Fei |
Posted: 19 October 2010 1344 hrs
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Mapletree Industrial Trust |
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SINGAPORE: Mapletree Industrial Trust (MIT) said on Tuesday it has received strong demand for its initial public offering (IPO).
In all, it received a total demand of some 21.6 billion units, 37.9 times more than the 569.4 million units available for subscription.
Strong demand from international and local institutional investors saw them requesting for 19.4 billion units, even though just some 488.7 million units were available for them.
This resulted in a 39.6 times subscription rate.
It was the same story in the public offer, where retail investors made bids for 2.2 billion units, chasing after the 80.6 million units available.
At that rate, the public offer was about 27.7 times subscribed.
MIT said it is encouraged by the strong response from investors, which signalled their confidence in the strength of the MIT portfolio.
MIT will now hold a ballot to decide who gets how many shares.
The balloting outcome for the public offer will be released on Wednesday.
Commencement of trading in the Units of MIT on Singapore Exchange is expected to be at 2pm on Thursday.
-CNA/wk
i thought balloting on wednesday?
must be daydreaming
Me also get nothing !! 
commando ( Date: 19-Oct-2010 17:31) Posted:
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How many lots did you ballot and you only get 4 lots ?
INLHSSB ( Date: 19-Oct-2010 17:18) Posted:
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UOB sms even U din kana any lot?
Me Zero lot! :( ALSO uob
DBS still not showing anything to me ler. :(
INLHSSB ( Date: 19-Oct-2010 17:24) Posted:
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UOB sms
you know the result already? How you know?
INLHSSB ( Date: 19-Oct-2010 17:18) Posted:
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No more 1lot lousy luck. I got 4 lots from MIT IPO. Hope the px shoot up >20% on 1st day.
definitely! Public Offer of 80,645,000 Units (excluding the Reserved Units, as defined herein) approximately 27.7 times, GLP is only 11 times!
bh704428 ( Date: 19-Oct-2010 14:32) Posted:
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not even succssful in this ipo. no luck!
later give 1 lot again..
sian a million puas..
Can any expert comment about the range of the opening price for MapleTree ?
so is e response frm the retail public for this better than the GLP's response?
anselmang ( Date: 19-Oct-2010 13:56) Posted:
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CDP will send you a letter of confirmation if you are successfully allocated.
came across this info below
STRONG RESPONSE FOR IPO OF
MAPLETREE INDUSTRIAL TRUST
Placement Tranche of 488,768,000 Units approximately 39.6 times subscribed on the back of strong demand from international and local institutional investors
Public Offer of 80,645,000 Units (excluding the Reserved Units, as defined herein) approximately 27.7 times subscribed by retail investors
Total Placement Tranche and Public Offer (excluding Reserved Units) close to 37.9 times subscribed
Reserved Units comprising 25,500,000 Units over-subscribed
Units expected to commence trading on the Main Board of the SGX-ST on Thursday, 21 October 2010 at 2.00 p.m.
Singapore, 19 October, 2010 – Mapletree Industrial Trust (“MIT”), a Singapore-focused real estate investment trust and one of the largest landlords of industrial space in Singapore, has received strong demand from investors for its offering of 594,913,000 units in MIT (“Units”, and the offering of 594,913,000 Units, the “Offering”).
The Offering, priced at S$0.93 per Unit (“Offering Price”), comprised a placement tranche of 488,768,000 Units (the “Placement Tranche”) and an offering of 106,145,000 Units1 to the public in Singapore (the “Public Offer”). Based on the Offering Price of S$0.93 per Unit, unitholders of MIT (“Unitholders”) can expect to receive an annualised distribution yield of approximately 7.6% for the Forecast Year 2010/ 20112 and 8.0% for the Projection Year 2011/ 20123.
Strong demand of approximately 19.4 billion Units was received for the Placement Tranche of 488,768,000 Units, resulting in it being approximately 39.6 times subscribed with a total value of more than S$18.0 billion.
well the ipo closed yesterday at 0800hr, so maybe they should be refunding the $$$ for those unsuccessful bidders. go check bank acct tomorrow. comments anyone?
when and how we know if the subscription of the IPO is success?
