Shares & Derivatives
Cromwell Suspends CEREIT’s IPO
By ProButterfly  •  September 25, 2017
by: Tam Ging Wien 2nd Largest IPO in Singapore for 2017 On-Hold All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor. In a surprising turn of events, Australian real estate investment manager Cromwell Property Group (Cromwell) has put on-hold the listing of Cromwell European REIT (SGX; CEREIT). The IPO would have been the first REIT to be denominated in Euros (€) and the second largest IPO in Singapore this year. Cromwell in a regulatory filing on the Australian Stock Exchange dated 22-Sep-2017 entitled Cromwell Elects Not to Register Prospectus has stated ......
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By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
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