Martin Lee @ Sg
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Mapletree (MIT) IPO

Hot on the heels of the GLP IPO, we now have the Mapletree Industrial Trust (MIT) IPO, which was launched yesterday at an issue price of $0.93 per unit.

Compared to the GLP, MIT is basically an industrial REIT, which makes it much easier to understand. Nevertheless, the prospectus is still a whopping 567 pages.

488,768,000 Units will be offered in a placement to investors, including institutional and other investors in Singapore while the public offer would be 106,145,000 Units (out of which 25,500,000 Units will be reserved for subscription by the directors, management, employees and business associates of Mapletree Investments Pte Ltd).

The closing date for the Mapletree IPO is 18th October 2010 at 8am and the counter is expected to start trading from 21st October 2010.

You can download the MIT prospectus below:

Mapletree Industrial Trust (MIT) Prospectus

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11 comments
vincent says 8 years ago

Hi,
Any idea when the refund to cpf will be completed if we fail to get any units when applying using cpf? I think i havent received my refund for cpf.
Thanks

Reply
    lioninvestor says 8 years ago

    Hi Vincent,

    The refund will go to your CPF agent bank. You need to initiate a transfer (via ATM) if you want the bank to transfer it back to your CPF immediately. Otherwise, they will do it at the end of next month.

    Reply
dean says 9 years ago

Does anyone know when they start trading?

Reply
    lioninvestor says 9 years ago

    Hi Dean,

    they will start trading from 2pm today.

    Reply
ann says 9 years ago

Hi there, are the balloting results out? checked at 2pm… got 0… unsure if i got none or results aren’t out yet. Thanks very much.

Reply
    lioninvestor says 9 years ago

    Hi Ann,

    Check your CDP account at 9am. You can see your allocation then.

    Reply
lioninvestor says 9 years ago

MIT balloting results:

Applied, balloting ratio, lots given

1 to 9, 23 : 50, 1
10 to 19, 24 : 50, 1
20 to 49, 26 : 50, 3
50 to 199, 27 : 50, 4
200 to 499, 28 : 50, 6
500 to 999, 30 : 50, 8
1,000 and above, 34 : 50, 12

Reply
Daniel says 9 years ago

Hi
Can I check if I can use atm to buy IPO shares for someone else, for example, my dad? Thanks.

Reply
    lioninvestor says 9 years ago

    Hi Daniel,

    Your dad will need to have his own CDP account and use his own atm card.

    Reply
Pete says 9 years ago

Hi sir/Madam,
Can you tell me is MIT related to Mapletree Logistic Trust in any way? Thanks

Reply
    lioninvestor says 9 years ago

    Hi Pete,

    they both have the same sponsor, Mapletree Investments.

    Reply
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