Shares & Derivatives
Viva Industrial Trust – Balloting Results
By Mr. IPO  •  November 2, 2013
Viva Industrial Trust ("VIT") finally released its balloting results, slightly later than usual.

The public offer of 21m shares was slightly more than 5x subscribed and the balloting table is below for your reference:



You can see that they have allocated a lot of shares to the "big buyers", i.e. those who applied 50-99 lots will get 40 lots and those who applied for 100-299 lots will get 87 lots. I am not too sure if these bidders will be too happy when the IPO starts on next monday at 2pm. 

Good luck. As mentioned in my earlier post and on facebook page, i have given it a miss.
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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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