EC World REITs IPO!

Perisher

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EC World REIT to market Singapore IPO worth up to $335 million

EC World REIT, a company backed by Shanghai-based Forchn Holdings Group, will market an up to S$450 million ($335 million) property trust listing in Singapore to investors later this week, IFR reported on Monday, citing an unidentified person close to the deal.

The real estate investment trust is sponsored by Forchn and will comprise six e-commerce and logistics facilities in China. The REIT is likely to offer a yield of around 7 percent, IFR, a sister publication of Thomson Reuters reported.

The listing would make EC World the third REIT to be floated in Singapore this year.

Forchn could not immediately be reached for comment.

Singapore's DBS Bank is the sole global coordinator for the IPO, IFR said. DBS declined to comment.

($1 = 1.3438 Singapore dollars)
 
Perisher

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PORTFOLIO OF QUALITY ASSETS WHICH ARE MOSTLY LOCATED IN ONE OF
THE LARGEST E-COMMERCE CLUSTERS IN THE YANGTZE RIVER DELTA

Total NLA (sq m) Committed Occupancy(2)

Chongxian Port Investment 112,726 100.0%
Chongxian Port Logistics 125,856(1) 100.0%
Fu Zhuo Industrial 7,128(1) 100.0%
Stage 1 Properties of Bei Gang Logistics 120,449 55.3%
Fu Heng Warehouse 94,287 100.0%
Hengde Logistics 238,032 100.0%
 
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Opening date and time for the public offer 21 July 2016, 9.00 am
Closing date and time for the public offer 26 July 2016, 12 noon
Commencement of trading on the SGX-ST 28 July 2016, 2.00 pm
 
Minx99

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s7814302i said:
Hi, I'm the fool to go press and will die tomorrow
Click to expand...
From your tone, it seems that you didn't do your homework before you squeeze the trigger. Hopefully, you didn't press too many, take it as tuition fees, you will hopefully be much wiser the next round. Having said that, if it's fundamentals are good, all is not lost. I didn't take part in this as i was busy & couldn't make time to go through the prospectus. By the way, good luck tomorrow & thereafter... :)
 
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Leaves87

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Minx99 said:
From your tone, it seems that you didn't do your homework before you squeeze the trigger. Hopefully, you didn't press too many, take it as tuition fees, you will hopefully be much wiser the next round. Having said that, if it's fundamentals are good, all is not lost. I didn't take part in this as i was busy & couldn't make time to go through the prospectus. By the way, good luck tomorrow & thereafter... :)
Click to expand...

Even the brokerage houses discouraged subscription of this lousy reit
 
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s7814302i

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Minx99 said:
From your tone, it seems that you didn't do your homework before you squeeze the trigger. Hopefully, you didn't press too many, take it as tuition fees, you will hopefully be much wiser the next round. Having said that, if it's fundamentals are good, all is not lost. I didn't take part in this as i was busy & couldn't make time to go through the prospectus. By the way, good luck tomorrow & thereafter... :)
Click to expand...
Thanks guys... Next time I will be more vigilant and seek advice here 1st. I'm new to stocks and shares... They gave me 3000 units... Sob sob...
 
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