Saturday, October 13, 2012

Courts Asia IPO balloting ratio

For those who are interested, the balloting ratio for Courts Asia IPO are as follows:

The IPO was still quite well subscribed. A usual, there is a group of rich investors who applied for more than 1000 lots.

Side Note:
I did not apply for this IPO. The dividend yield was somewhat low (~2 to 3% per year). A previous listing of Courts Singapore was subsequently delisted a few years ago. This is likely to cause a shadow on some investors.

Other info:
IPO price: $0.77
Listing date: 15 Oct 2012

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