Shares & Derivatives
Keppel DC REIT
By Mr. IPO  •  December 7, 2014
Keppel DC REIT ("KDC" or the "Trust") is offering 261,138,000 units at $0.93 per unit (with over-allotment option). There will be 207.375m units for the placement and 53.763m for the public. There will also be an over-allotment option for 17.659m units. The IPO will close on 10 December at 12pm and start trading on 12 Dec 2014. The market cap will be around $1,116 million. KDC is the first data centre real estate investment trust to be listed in Asia, further cementing SGX's position in the REIT sector. The IPO portfolio comprises of 8 high quality data centres located in key data centre hubs across seven cities in Asia Pacific and Europe. Why Data Centres? Have you ever been to the server room in your work place? You can imagine the Data Centre to be a "mega" server room where you need air conditioning, uninterrupted power ......
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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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