Martin Lee @ Sg
Sharing is Caring!

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

Leave a Comment:

vincent says 9 years ago

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.

    lioninvestor says 9 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.

dean says 9 years ago

Does anyone know when they start trading?

    lioninvestor says 9 years ago

    Hi Dean,

    they will start trading from 2pm today.

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.

    lioninvestor says 9 years ago

    Hi Ann,

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

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

Daniel says 9 years ago

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

    lioninvestor says 9 years ago

    Hi Daniel,

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

Pete says 9 years ago

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

    lioninvestor says 9 years ago

    Hi Pete,

    they both have the same sponsor, Mapletree Investments.

Add Your Reply