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Upcoming IPOs – Croesus Retail Trust & Asian Pay Television Trust
By healthytrading  •  May 2, 2013
2 new trusts look set to be listed in Singapore in the coming weeks - Croesus Retail Trust and Asian Pay Television Trust. These IPOs come on the back of a very successful Mapletree Greater China Commercial Trust that was listed on 7 March on the SGX Mainboard. They will become the 3rd and 4th Mainboard new members for 2013. Asian Pay Television will become the 2nd largest IPO of the year following MGCCT and is seeking to raise S$1.4billion in this huge equity offering.

Here's a fast and quick breakdown to what you need to know to catch onto the IPO bandwagon in the coming weeks.

  1. Croesus Retail Trust
    • S$372 million capital to be raised
    • 200 million to 250 million share units to be offered
    • Indicative price of S$0.93/unit
    • 8% yield in first year ending June 2013, 8.1% in subsequent
    • 4 x Japanese retail malls in ...
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By healthytrading
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