What was SPH REIT ipo price?

What was SPH REIT ipo price?

per unit
Join. The stock listed only at 2pm, but there was enough time for it to hit a high of $1, up Estimated Reading Time: 2 mins. Jul 24, · SPH Reit Management Pte Ltd, controlled by media group Singapore Press Holdings Ltd, debuted at S$ per unit, up nearly 9 percent from the offering price of S$, the top end of its.

Is SPH a REIT?

SPH REIT is a Singapore-based real estate investment trust established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets.

What does SPH REIT own?

On the retail and commercial front, SPH owns 65% in SPH REIT whose portfolio comprises three properties in Singapore, namely Paragon, The Clementi Mall and The Rail Mall. In Australia, SPH REIT holds an 85% stake in Figtree Grove Shopping Centre and a 50% stake in Westfield Marion Shopping Centre.

What is an IPO prospectus?

An IPO Prospectus is an SEC required document that includes a description of the company and its operations, the terms and conditions of the initial stock offering, and any other information an investor may need to decide to invest.

Does SPH own Mediacorp?

Through a merger, SPH retains a 20% stake in Mediacorp’s television operational, as well as 40% stake in Today newspaper. On 29 September 2017, SPH completed its sale of its stakes in Mediacorp’s television operational, and Today. Mediacorp Press and Mediacorp TV Holdings ceased to be associated companies of SPH.

Who owns Singapore Press Holding?

Singapore Press Holdings

Type Public
Founded 4 August 1984
Headquarters Toa Payoh, Singapore
Key people Lee Boon Yang (Chairman) Ng Yat Chung (CEO) Anthony Tan (Deputy CEO)
Products Publications

Can we sell IPO shares on listing day?

BSE and NSE allow a special pre-open trading session for IPO shares on listing day (only first day of their trading). If listing price is equal or higher than the price you order to sell in pre-open; your shares are sold at the listing price.

Who is SPH biggest shareholder?

DBS Nominees Pte
The current “largest” shareholder by ordinary share is DBS Nominees Pte.

Who bought over SPH?

Keppel Corporation
Keppel Corporation has raised its offer to take over and privatise Singapore Press Holdings (SPH) to $2.351 per share, the two companies announced in a joint statement late on Tuesday night (Nov 9).

How can I get IPO stock on the first day?

In order to invest in IPO shares, you must first open a demat account as well as a trading account. The trading account allows you to trade in the shares of your choosing while the demat account holds your purchased shares in an electronic format.

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