Shares & Derivatives
Accordia Golf Trust
By Mr. IPO  •  July 23, 2014
Accordia Golf Trust ("AGT" or the "Company") is the first business trust with golf course assets in Japan. 

The IPO will close on 24 July at 12pm (page 77 says 24 July 4 pm). I am not sure why the manager chose to give public investors a pathetic 2 days to make a decision. Probably this is because the placement tranche is fully subscribed. The listing will happen on 1 August 2014 at 2pm. 

There will be up to 782m placement units of which 164.592m units are to placement holders in Singapore, 41.163m units for public investors and 576.27m units for Japanese investors.  The price is between S$0.97 to $1 and will be finalized when the IPO closes. There will also be an over allotment of 41.22m units. The market cap will be around $1.066 to $1.099 b depending on the ...
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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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