Asia Pay Television (TV) Trust will be seeking to raise $$1.4 billion in an upcoming IPO in Singapore. Asia Pay Television (TV) Trust IPO will be Singapore’s 2nd biggest so far this year. Asia Pay Television (TV) Trust IPO will be priced at $0.97 and the IPO subscription commences today 17 May 2013. Asia Pay Television (TV) Trust is an investment vehicle of Taiwan Broadband Communications, Taiwan's biggest pay-TV operator, which is owned by two funds managed by Australia's Macquarie Group Ltd. Both funds plan to sell their stakes to Asian Pay Television Trust. Asia Pay Television (TV) Trust was oversubscribed by three times when it opened to institutional investors.There aree 9 conerstone investors and they are: Asian Century Quest, Capital Research and Management, Eastspring Investments (part of Prudential),Indus Capital,Lion Global Investors,Neuberger Berman,Och Ziff,Signature Global Advisors and Quantum Partners (Soros). So will I subscribe to the IPO? ......
