Tuesday, July 23, 2013

SPH Reit IPO balloting ratio

There were 71,190 valid applications for the 83,982,000 Units available to the public for subscription. In total, these applicants applied for approximately 2.1 billion Units. Based on the aforesaid, the Public Offer was approximately 25 times subscribed.

The balloting results are out as follows:

As usual, I like to look at the bottom most band where the millionaires are. There are 63 successful applicants on this band. This works out to 158 millionaires who applied for the IPO!

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