SPH REIT IPO

狮城理财

http://masnet.mas.gov.sg/opera/sdrprosp.nsf/LeftFrame?OpenFrameset&LayerVal=C&Frame=RightPane&SRC=/opera/sdrprosp.nsf/vewPublicLatestCIS?OpenView

Initial Public Offering Issuer:	SPH REIT (the "REIT")
Sponsor:	Singapore Press Holdings ("SPH"), to hold ~70% in the REIT (post-shoe)
Manager:	SPH REIT Management Pte. Ltd
Trustee:	DBS Trustee Limited
Sole Global Coordinator:	Credit Suisse
Joint Bookrunners:	OCBC, Credit Suisse, DBS
Co-Lead Managers:	CIMB, Nomura
Price Range:	S$0.85 – 0.90 per unit
Distribution Yield:	5.58 – 5.79% FY2013 (August year-end) 5.79 – 6.00% FY2014 (August year-end) 5.65 – 5.86% CY2013
Float:	27.8% pre-shoe, 30.0% post-shoe(1)
Total Offering (incl. cornerstone):	559,884,000 units, 22.4% of the REIT
Base offering (ex-cornerstone):	308,884,000 units, 12.4% of the REIT comprising: − 224,902,000 in the Placement Tranche (72.8% of Base offering, 9.0% of the REIT) − 83,982,000 units in the Public Offer (27.2% of Base offering, 3.4% of the REIT )
Cornerstone tranche:	251,000,000 units by 5 investors, 10.0% of the REIT, 44.8% of Total Offering
Over-allotment:	Up to 55,988,000 units, 18% of base offer size (ex-cornerstone) (100% secondary)
Over-allotment Provider:	TPR Holdings Pte Ltd, wholly-owned subsidiary of the Sponsor
Deal Size (ex-cornerstone):	S$263 – 278 million pre-shoe, S$310 – 328 million post-shoe
Issue Size (inc cornerstone):	S$476 – 504 million pre-shoe, S$523 – 554 million post-shoe
Total outstanding units:	2,500,995,000
Listing:	Singapore Stock Exchange ("SGX")
Lock-up:	Six-month lock-up on the Sponsor, and Manager Cornerstone Investors not subject to any lock-up restrictions
Selling Restrictions:	Reg S only
Brokerage payable by investors:	1.00%
Transaction fees:	7% GST for Singapore onshore clients only, no other market charges
Roadshow Schedule
SG:	10 / 15 / 16 July
HK:	11 / 12 July
Indicative Timeline
EGM:	18 June
Institutional Bookbuilding:	10 - 16 July
Pricing and allocation	17 July, SG PM
Singapore public offer:	17 – 22 July (12nn)
Listing:	24 July

狮城理财

虽然最近因为资金外流，S REIT 整体表现不好。但是我个人观察，似乎这个REIT反应不错。

yishun2009

请教如何申购?

狮城理财

:lol对公渠道还没有开始，现在只有机构渠道。

yishun2009

狮城理财 发表于 11-7-2013 11:23
对公渠道还没有开始，现在只有机构渠道。

请问大侠, 那什么时候公众可以申购? 如何在网上申购? 我用的是iOCBC,谢谢!

狮城理财

yishun2009 发表于 11-7-2013 12:16
请问大侠, 那什么时候公众可以申购? 如何在网上申购? 我用的是iOCBC,谢谢!

机构阶段申请你可以打给你的broker 问。ocbc是其中一个book runner, 可以通过broker 下单的。  
  昨天FED一句话，似乎SPH REIT 和OUE H TRUST一下子火了。 要打最好早点打。


公开阶段是17号到22号。

yishun2009

狮城理财 发表于 11-7-2013 12:31
机构阶段申请你可以打给你的broker 问。ocbc是其中一个book runner, 可以通过broker 下单的。  
  昨天FE ...

刚才刚打过电话问我的broker, 他说他买不到, 让我自己去atm那里按。难道这个broker不知道, 还是他不能替我下单?

honyer

狮城理财 发表于 11-7-2013 12:31
机构阶段申请你可以打给你的broker 问。ocbc是其中一个book runner, 可以通过broker 下单的。  
  昨天FE ...

请问购买IPO上下限是多少手？

狮城理财

yishun2009 发表于 12-7-2013 10:05
刚才刚打过电话问我的broker, 他说他买不到, 让我自己去atm那里按。难道这个broker不知道, 还是他不能替 ...

估计单子太小， 不愿意做。

狮城理财

honyer 发表于 12-7-2013 20:50
请问购买IPO上下限是多少手？

假设中签率算是10%吧。
那么你放50000也种5000股而已。 4000多快，有啥意义呢？

自己把握吧