SOILBUILD BUSINESS SPACE REIT - TRADING WILL COMMENCE AT 2PM - TopicsExpress

SOILBUILD BUSINESS SPACE REIT - TRADING WILL COMMENCE AT 2PM TODAY Please note that trading in the units of Soilbuild Business Space REIT will commence on the Main Board of SGX-ST at 2.00pm today. To recap, the offering price has been fixed at S$0.78 per unit. This translates to a distribution yield of 7.7% for the projection year 2014, according to the prospectus forecasts. At the close of the public offer at 12.00 noon on 14 Aug 2013, there were 10,093 valid applications for 337.0m units. Based on the 62.5m units available to the public for subscription, the public offer was ~5.4 times subscribed. Source : OCBC Research

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