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SPH Reit *Official* (SGX:SK6U)

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Old 12-07-2013, 11:49 PM   #61
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Trading expected near ipo price or may go under too,just take a little bad news sure go under-fully priced in..see Ascendas HT-major sahreholders keep on buying..I recalled pushing past $1 mark but look now can't defy gravity 88cts the rights and ipo price..lucky to sell off fast
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Old 13-07-2013, 12:01 AM   #62
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Clementi mall is only 60% owned by SPH, the remaining 40% is owned by NTUC. Does any sifu know if NTUC is selling its stake to SPH reit as well, or is SPH reit only owning 60% stake in Clementi mall?
It will be the 100% Clementi Mall. SPH REIT will buy Clementi Mall from the entity owning Clementi Mall, CM Domain (60% SPH, 20% Fairprice 20% Income). In return, CM Domain will receive Consideration Units in SPH REIT as part payment for the sale of Clementi Mall.

Fairprice and Income will each end up with 67,213,000 units:


Read pg 198 of the prelim prospectus for details for details of the sale agreement of Clementi Mall.
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Old 13-07-2013, 07:37 AM   #63
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I will subscribe this IPO for fun .
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Old 13-07-2013, 10:22 AM   #64
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It will be the 100% Clementi Mall. SPH REIT will buy Clementi Mall from the entity owning Clementi Mall, CM Domain (60% SPH, 20% Fairprice 20% Income). In return, CM Domain will receive Consideration Units in SPH REIT as part payment for the sale of Clementi Mall.

Fairprice and Income will each end up with 67,213,000 units:


Read pg 198 of the prelim prospectus for details for details of the sale agreement of Clementi Mall.
Thanks Paul, you are the man!
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Old 13-07-2013, 10:27 AM   #65
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I wonder how many people will eat the cake or eat the chicken rice from OUE.
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Old 13-07-2013, 11:10 AM   #66
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I think a major plus point for the SPH REIT is that the sponsor is 70% vested.
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Old 13-07-2013, 02:51 PM   #67
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I think a major plus point for the SPH REIT is that the sponsor is 70% vested.
I believe the reason for keeping the public tranche small is so it will not wobble too badly on debut
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Old 13-07-2013, 02:54 PM   #68
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I wonder how many people will eat the cake or eat the chicken rice from OUE.
Cake can eat for 96 to 99 years, depending which mall you prefer to eat at, chicken rice stall have to close shop after 43 years
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Old 13-07-2013, 04:01 PM   #69
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Cake can eat for 96 to 99 years, depending which mall you prefer to eat at, chicken rice stall have to close shop after 43 years
Like that singapore 99yr leasehold properties no demand as compared to fh. Also east coast old condos with 40yr left no resale value but still selling at 1000+ psf.

The truth is not many people will eat at the same place for years not to even talk about decades.

If menu only got chicken rice, people will choose chicken rice. But if menu add one more laksa, at least 20-30% less people will order chicken rice.
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Old 13-07-2013, 06:42 PM   #70
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Sorry but can buy over atm already?
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Old 13-07-2013, 11:10 PM   #71
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Sorry but can buy over atm already?
Hold your horses, wed then can press, now press no pakai
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Old 14-07-2013, 12:58 AM   #72
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got 3 qns to ask wor..

1) 12nn means 12 noon?

2) when will this table be out? only when the results are released?


3) Will i have better chances with private placement than a public one?
Saw this in my dbs vichers
"
About DBS Vickers Online's Online Placements
Welcome to DBS Vickers Online's IPO Centre.

Through DBS Vickers Online, you can apply for private placement shares of Initial Public Offerings (IPOs). "

So whats the pros and cons with private placement?
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Old 14-07-2013, 07:36 AM   #73
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got 3 qns to ask wor..

1) 12nn means 12 noon?

2) when will this table be out? only when the results are released?


3) Will i have better chances with private placement than a public one?
Saw this in my dbs vichers
"
About DBS Vickers Online's Online Placements
Welcome to DBS Vickers Online's IPO Centre.

Through DBS Vickers Online, you can apply for private placement shares of Initial Public Offerings (IPOs). "

So whats the pros and cons with private placement?
The last DBS online private placement was in 2010
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Old 14-07-2013, 09:28 AM   #74
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Can use CPF to apply this?
Yes, I believe so.

Refer to the Prospectus page G1:

You may use up to 35.0 per cent. of your CPF Investible Savings (“CPF Funds”) to apply for the Units under the Public Offer. Approval has been obtained from the Central Provident Fund Board (“CPF Board”) for the use of such CPF Funds pursuant to the Central Provident Fund (Investment Schemes) Regulations, as may be amended from time to time, for the subscription of the Units. You may also use up to 35.0 per cent. of your CPF Funds for the purchase of the Units in the secondary market.
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Old 14-07-2013, 01:30 PM   #75
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Show hand.....

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