Key Points
- Tranche and applications received for the Public Offer and the Reserved Units as at the close of the Offering (as defined in the Prospectus) are as follows:
- The Placement Tranche - Indications of interest were received for approximately 19.4 billion Units under the Placement Tranche, resulting in the Placement Tranche being approximately 39.6 times subscribed based on the 488,768,000 Units available under the Placement Tranche.
- The Public Offer - As at the close of the Public Offer at 8:00 a.m. on 18 October 2010, there were more than 86,000 valid applications for 80,645,000 Units (excluding the 25,500,000 Reserved Units which have been applied for by the Eligible Applicants) available to the public for subscription. In total, these applicants applied for approximately 2.2 billion Units. Based on the aforesaid, the Public Offer was approximately 27.7 times subscribed (based on 80,645,000 Units, which excludes the 25,500,000 Reserved Units).
- Reserved Units - As at the closing date for the application of the Reserved Units at 12:00 pm on 14 October 2010, valid acceptances were received for a total of 27,316,000 Reserved Units, and as a result, all 25,500,000 Reserved Units were allocated.
- It is expected that the Units will be credited to the securities accounts of the successful applicants with The Central Depository (Pte) Limited ("CDP") by 2.00 p.m. on 21 October 2010.
- The Units are expected to commence trading on a “ready” basis at 2.00 p.m. on 21 October 2010, subject to the SGX-ST being satisfied that all conditions necessary for the commencement of trading in the Units on a “ready” basis have been fulfilled.
As per the announcement, the Reit is expected to commence trading in SGX at 2 PM on OCT 21 (Thur). The counter name and code is already available in the SGX website:
MapletreeInd ME8U
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