The final retail price for the CapitaMalls Malaysia Trust has been fixed at 98 sen and the institutional and cornerstone price fixed at RM1. The initial offer price for retail investors was RM1.08.
In a statement to the Singapore Exchange, the manager of CapitaMalls Malaysia Trust, said on Thursday, July 8 it had received strong interest from institutional and retail investors for its initial public offering (IPO) of 786.52 million units.
"The price for institutional and cornerstone investors has been fixed at RM1 per unit, while the final retail price has been fixed at 98 sen per unit.
"At the unit price of RM1, institutional investors are expected to get distribution yields1 of 7.2% for the forecast period 2010 and 7.5% for the forecast year 2011," it said.
The institutional book for CMMT opened for subscription on June 25 June and closed on Wednesday, while the retail offering was open for application from June 28 to July 5.
CMMT will be listed on the Main Market of Bursa Malaysia Securities Bhd on July 16.
Written by Joseph Chin
The Edge Malaysia
How can I make so much money from the stock market? Koon Yew Yin
-
Another valuable advise by KYY on investing in share market.
*How can I make so much money from the stock market? Koon Yew Yin*
Author: Koon Yew Yin | Publi...
No comments:
Post a Comment