The key terms are as follows:
Amount: Up to S$125m but can be upside to $300m if oversubscribed
Interest rate: 5% fixed
Interest Payment date: Twice a year on 5 May and 5 November
Maturity date: 5 November 2019
Manager: DBS Bank
Ratings: Not rated
CPF application: Not allowed
SRS application: Not allowed for initial application but may purchase post listing
Minimum application: S$2,000 for public tranche and $100,000 for placement tranche.
Timeline: The offer will close on 3 Nov 2015 at 12pm.
Oxley Holdings Limited
The Company is listed on Catalist on 29 Oct 2010 and transferred to the main board on 21 Feb 2013. The 'rags to riches' story of Ching Chiat Kwong is an interesting read. He is partly responsible for the "shoebox" craze in Singapore ...