REIT Financial News - 20 APR 2010: Fortune Reit starts trading in SEHK

Dual primary listing on the main board of the Stock Exchange of Hong Kong limited (the SEHK) – approval of the SEHK and listing of units on the SEHK. See report.

Key Points

• SEHK had on 19 April 2010, provided their formal and final approval for the listing of, and permission to deal in, the Units (of Fortune Reit) on the SEHK.
• Trading of the Units on the SEHK will commence at 10.00 a.m. (Hong Kong time) today, 20 April 2010.

Author's Note
The long awaited dual listing of Fortune Reit has finally been realized. In the first half of the trading day, the Reit (in SGX) hits a new 52 weeks intraday high of HKD 3.960, before closing at HKD 3.830 in the first half of the trading day.