Introduction to Asian Pay Television Trust IPO
Asian Pay Television Trust will list in the shadows of Croesus Retail Trust that went live on 10 May to a tremendous investor appetite for the high-yielding IPO. So, will it be a repeat of the stellar performance of Croesus Retail Trust?
...Asian Pay Television Trust will list in the shadows of Croesus Retail Trust that went live on 10 May to a tremendous investor appetite for the high-yielding IPO. So, will it be a repeat of the stellar performance of Croesus Retail Trust?
Key figures
- S$0.92 to S$1.00 per share indicative price range
- 7.29 to 8.25% dividend yield (2013-2014) on a semi-annual basis (30 June and 31 Dec) based on the highest offer price of S$1.00
- S$1.4 billion expected to be raised
- 9 cornerstone investors including Quantum Vehicle, the investing fund controlled by the legendary George Soros
If you are a new IPO investor, do check out my blog page on Guide to IPO Investing.
...