Received this email from my OCBC broker yesterday. Need to do some homework this weekend.
We are pleased to announce the Initial Public Offering of Far East Hospitality Trust on SGX-ST (the “IPO”). OCBC Bank is one of the four Joint Bookrunners and Underwriters for the IPO. The other Joint Bookrunners and Underwriters are Goldman Sachs, HSBC and DBS.
Do contact me if you are keen in indicating your interest in the IPO of Far East Hospitality Trust on SGX-ST.
The order books for Far East Hospitality Trust placement tranche are now open. Indicative book closure time/date is 5pm on Tuesday, 14 August 2012 (subject to earlier closure). The final price for this IPO has not been determined but will be within the range of S$0.86 to S$0.93 per stapled security. We are only taking orders at strike price, ie S$0.93 per …