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In considering, participating n vesting in Reit or Reit Mall.
Key to investing (not speculating n doing very-day trading) are those to consided. Like the sponsor n strategic partners holding more then 50%. An alignment to sustain growth.
There is two important matters. A unitholder need to consider investing in REITs (Trusts).
1) Are the valuations of buildings (assets) owned by REIT/ business trust is appreciating or depreciating over time?, or just averaging?.
2) Are their growth distributions / dividends of the REIT / (trust) increasing or decreasing over time?. Or just sustaining over several years?.
Key to investing (not speculating n doing very-day trading) are those to consided. Like the sponsor n strategic partners holding more then 50%. An alignment to sustain growth.
There is two important matters. A unitholder need to consider investing in REITs (Trusts).
1) Are the valuations of buildings (assets) owned by REIT/ business trust is appreciating or depreciating over time?, or just averaging?.
2) Are their growth distributions / dividends of the REIT / (trust) increasing or decreasing over time?. Or just sustaining over several years?.
No point keep talking it down, to 75c or even 70c.
The BBs sponsors, plus straegic BBs Investors (more then 50%) are in to keep their interest.
Up or down. They are the one, just like Sparkling Gateway Pte. Ltd.
The BBs sponsors, plus straegic BBs Investors (more then 50%) are in to keep their interest.
Up or down. They are the one, just like Sparkling Gateway Pte. Ltd.
teeth53 ( Date: 27-Mar-2018 23:43) Posted:
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I reckon with the generally cold response to the IPO, 70c to 75c may be a safer entry. which would equate to an expected yield of 8% or more.
Read some reports on it and decided not to apply for it. See if they can sustain their dividend. It seems like PREH (PCRT reit then to PREH) to me.
Worth the bid. Oni $2/- n no need to pay any commission n any others fees.
Where else others IPO have to bid alot more just to secure some limited share.
Where else others IPO have to bid alot more just to secure some limited share.
Totally not attractive, Just let it stable down next few dayssssssssssssss
14 million at 80 cents will break with the sentiment today.
Jackwoo ( Date: 28-Mar-2018 09:41) Posted:
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The only support is the 14 million shares at 80 cents
I thought the public response was pathetic. I decided against subscribing for the IPO after I read a few articles about the complicated structure and the income support (which means the malls are not self sustaining). Had a fear that everyone will be allotted, and that fear came true. All the best to those vested.
Pre-opening above water...HUAT, huat....argh. Good support by BBs Investors.
PUBLIC OFFER RESULT. No balloting, Just like placement as allocation for 1:1
Range of Units applied for Allotment Ratio Number of Units Allocated per Successful Applicant Percentage of Total Number of Units available under the Public Offer (%)
Number of Successful Applicants - Total 100.0 2,832
1,000 to 4,900 1:1 1,000 5.3% 735
5,000 to 9,900 1:1 2,000 7.6% 524
10,000 to 19,900 1:1 4,000 23.2% 798
20,000 to 49,900 1:1 8,000 27.7% 476
50,000 to 99,900 1:1 13,000 16.9 % 179
100,000 to 199,900 1:1 20,000 14.8% 102
200,000 to 499,900 1:1 30,000 2.8 % 13
500,000 to 999,900 1:1 40,000 1.2% 4
1,000,000 and above 1:1 50,000 0.4% 1
Range of Units applied for Allotment Ratio Number of Units Allocated per Successful Applicant Percentage of Total Number of Units available under the Public Offer (%)
Number of Successful Applicants - Total 100.0 2,832
1,000 to 4,900 1:1 1,000 5.3% 735
5,000 to 9,900 1:1 2,000 7.6% 524
10,000 to 19,900 1:1 4,000 23.2% 798
20,000 to 49,900 1:1 8,000 27.7% 476
50,000 to 99,900 1:1 13,000 16.9 % 179
100,000 to 199,900 1:1 20,000 14.8% 102
200,000 to 499,900 1:1 30,000 2.8 % 13
500,000 to 999,900 1:1 40,000 1.2% 4
1,000,000 and above 1:1 50,000 0.4% 1
Sponsor Group - The Sponsor is a leading privately-owned outlet mall operator in China and currently manages and operates 9 outlet malls.
The Sponsor has two strategic investors - L Catterton Asia and Pingan Real Estate.
Sparkling Gateway Pte. Ltd. Associate of L Catterton Asia Subscribed 8,000,000 unites, allocated under the Placement Tranche.
The Sponsor has two strategic investors - L Catterton Asia and Pingan Real Estate.
Sparkling Gateway Pte. Ltd. Associate of L Catterton Asia Subscribed 8,000,000 unites, allocated under the Placement Tranche.
http://infopub.sgx.com/FileOpen/SASSEUR%20REIT%20-%20Balloting%20Announcement.ashx?App=Announcement& FileID=494569
Board of directors of the Mgr is pleased to announced
Placement Tranche of 252,812,500 Units resulted being oversubscribed. In addition, as at the close of the Public Offer at 12.00 p.m. on 26 March 2018.
There were 2,832 valid applications for 51,433,900 Units. Based on the 13,750,000 Units available to the public for subscription, the Public Offer was approximately 3.74 times subscribed.
DBS Bank Ltd. (&ldquo Stabilising Mgr&rdquo ), on behalf of the Joint Bookrunners, has over-allotted an additional 32,000,000 Units, all of which were allocated to applicants under the Placement Tranche.
Such over-allotment will be covered through Units to be borrowed by the Stabilising Manager from Sasseur Cayman Holding II Ltd.
Board of directors of the Mgr is pleased to announced
Placement Tranche of 252,812,500 Units resulted being oversubscribed. In addition, as at the close of the Public Offer at 12.00 p.m. on 26 March 2018.
There were 2,832 valid applications for 51,433,900 Units. Based on the 13,750,000 Units available to the public for subscription, the Public Offer was approximately 3.74 times subscribed.
DBS Bank Ltd. (&ldquo Stabilising Mgr&rdquo ), on behalf of the Joint Bookrunners, has over-allotted an additional 32,000,000 Units, all of which were allocated to applicants under the Placement Tranche.
Such over-allotment will be covered through Units to be borrowed by the Stabilising Manager from Sasseur Cayman Holding II Ltd.
Listing n Trading Date (Wed) 28/03/2018. Time 09:00:00 (Ready basis)
1. The above units will be listed and quotation in the Official trade code name - CRPU.
2. The short name and the abbreviated name will be ' Sasseur Reit' and ' SASSREIT' respectively.
3. The units will be quoted in board lots of 100.
1. The above units will be listed and quotation in the Official trade code name - CRPU.
2. The short name and the abbreviated name will be ' Sasseur Reit' and ' SASSREIT' respectively.
3. The units will be quoted in board lots of 100.