Tuesday, October 19, 2010

Mapletree Industrial Trust IPO MIT Logistics Singapore Feels Strong Demand

Mapletree Industrial Trust (MIT) initial public offering (IPO) is in peak demand of around 38 times more than the available units. The trading starts at 2 PM Thursday in Singapore Exchange.

This surely will boost the company as how confident the investors are in the portfolio. Because of the strong demand the company decided to implement a ballot to decide share allotments which will be released on Wednesday.

A total of 488.7 million units are currently available for the international and local institutional investors but a request of 19.4 billion units is pouring as of now which is Read more...

tags: mapletree industrial trust, mapletree industrial trust ipo, mapletree industrial, mit ipo, mapletree logistics trust, mapletree singapore ipo, anchun ipo, mun siong ipo

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