Thursday, May 9, 2013

Croesus Retail Trust IPO 21.4 times oversubscribed

Croesus Retail Trust IPO 21.4 times oversubscribed

Written by The Edge  
Thursday, 09 May 2013 00:04

Croesus Retail Trust, the first Asia-Pacific retail business trust with an initial portfolio located in Japan to be listed on the Mainboard of the SGX, said its IPO offer was 22.4 times subscribed. This was based on the total demand of 5,142,786,151 units for its offering of 229,118,000 units.

In the placement tranche, interest received for the 207,613,000 units amounted to 4,093,213,151 units. As for the public offering, 19,638 valid applications for 1,049,573,000 units were received for the 21,505,000 units available to the public for subscription.




- wong chee tat :)




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