Shares & Derivatives
Mapletree Greater China Commercial Trust Balloting Results
By Mr. IPO  •  March 6, 2013
Mapletree Greater China Commercial Trust will start trading at 2pm tomorrow. The balloting result is as follows:
Placement Tranche
The placement tranche was 38.1x subscribed. The cornerstone investors were mentioned in my IPO write up here.
Public Tranche
The public tranche was 8.9x subscribed. Investors who applied between 50 to 199 lots will have the best chance of getting the shares. The balloting table is below:
My IPO results
It is apparently easier to get more shares from the ATM than from the placement tranche and I don't have to pay the 1% placement fees. I got 10 lots from placement but 40 lots from the ATM, so vested 50 lots...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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