Netlink NBN Trust (Update)

By Mr. IPO • July 10, 2017

I have previously written a post on Netlink NBN Trust over the weekend. This is the updated post based on its registered prospectus and i will just highlight some of the updates made but the primary analysis and chilli ratings remained unchanged. You can find the prospectus here.

The final pricing is fixed at $0.81 and the offer will end on 17 July 2017 at 12pm and starts trading on 19 July 2017 at 3pm. ???? Why 3pm..... did they consult a fengshui master or are they trying to limit first day selling?? There will be 185 shares for the public and the balance 2,713m shares will be done via placement. The Manager also has an over-allotment option of another 123.456m units. The market cap will be S$3,129.8m assuming the over-allotment is not exercised.

Shareholding

Assuming the over-allotment is exercised, then shareholding held by Singtel will fall from ...

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