Balloting results for Digital Core REIT IPO are out!
The full SGX announcement is
here, but I’ll summarise quickly and share my takeaways.
Digital Core REIT IPO Balloting Results
Placement Tranche
The placement tranche for Digital Core REIT IPO was 253,682,000 Units (US$223 million).
It was
19.6 times subscribed.
All of the over-allotment units (53,406,000 units) went into the placement tranche.
That’s a very strong performance.
Public Offer / Retail Tranche
The public offer / Retail tranche was 13,352,000 Units (US$11.7 million).
Public offer was
16.1 times subscribed.
Balloting table is below, and to sum up:
- The bulk of the units went to the (1) 10,000 to 19,000 and (2) 20,000 to 49,000 units tranche
- 50% chance of getting 2,600 units (US$2,288) if you applied in the 10,000 to 19,0000 tranche
- 50% chance of getting 3,700 units (US$3,256) if you applied in the 20,000 to 49,9000 tranche
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