Religare Health Trust announced two things:
Listing date will be brought forward from 9am on 22 Oct 2012 9 am to 2pm on 19 Oct 2012 (today)
. Not sure which Fengshui Master advised them to change the date and time for an auspicious start but we shall see if it works. :P My other guess is that they probably want to confuse the sellers who may want to sell on the first day.
Balloting results for the public tranche:
The public tranche was 14.5x subscribed and investors will have around 50% chance. They have skewed the distribution to investors who apply for less shares this time.
It is interesting to note that Henderson Global Investors was allocated 30m shares but was only mentioned in a “small paragraph” while Temasek who subscribed for only 15m shares were given a “nice placeholder”? Probably they want to make …