Friday, July 11, 2014

Fraser Hospitality Trust IPO Balloting Results

Fraser Hospitality Trust IPO balloting results is as follows:

There were 19,916 valid applications for 628,025,000 Stapled Securities received for the Public Offer. This IPO seem to favour the smaller applicants. The smaller bands had a higher chance of being allocated units. More than half the public tranche units was allocated to those who applied for lesser than 50 lots.

Fraser Hospitality Trust will start trading on 14th July 2014 (Monday) at 2pm.

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