IGB REIT Initial Public Offering


Board : Main Market [under REITs]
Offer Price : RM1.25 (indicative issue price)
An indicative timetable for the Offering is set out below:
Date              Event
23-08-2012    Opening date and time for the Retail Offering
28-08-2012    Opening of the Institutional Offering
30-08-2012    Closing date and time for the Retail Offering
04-09-2012    Closing of the Institutional Offering
04-09-2012    Price Determination Date
05-09-2012    Balloting of applications for Offer Units pursuant to the Retail Offering for the Malaysian Public portion
18-09-2012    Transfer of Offer Units to successful applicants
19-09-2012    Listing of IGB REIT on the Main Market
Distribution Policy: Distribution Income on a half-yearly basis
Type: Retail
Assets:
  1. Mid Valley Megamall (Completed in 1999)
  2. The Gardens Mall (Completed in 2007)

Total market capital: RM 4,250 million
Total units upon listing: 3.4 billion
KrisAssets: 2730 million units (80.3%)
Total new units offer: 670 million units (19.7%) From the total new offering:
Institutional: 469 million units (13.8%)
Reserved: 167 million units (4.9%)
Retail Public: 34 million units (1%)

Comments

Popular posts from this blog

My #RM1Challenge Trade-Up

Nintendo Revolution in June 2006

Amazfit Ares: Huami’s rugged-looking smartwatch has battery life of up to 90 days