Shares & Derivatives
Oxley 4-year 5% Retail Bonds
By Some Ideas on Investing in Singapore  •  November 1, 2015
This may be a little overdue, but since the closing for the applications is on 3 Nov noon, I guess there's still time and purpose for this post. Oxley, a property developer, is offering $50 million in bonds in the public offer and $75 million in placement. The placement bonds are 4 times subscribed. If you want to read more on the details of the issue, you can look here and here. I'm going to analyze the company in this post.

(Image source: oxley.com.sg)

To look at another similar post you can look at the post I did on Aspial's bond issue earlier on. I'll start looking at the company from its 2014 Annual Report. The P&L statement seems healthy, with around $300 million in profit last year and $100 million in profit last year. If you're wondering about the large difference, I think it's due to ......
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By Some Ideas on Investing in Singapore
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