Mon, Jul 28, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | IPOs/Stock Market more

Tesco Fund IPO raises $602 mln

Posted on 05 March 2012

The Tesco Lotus property fund priced its initial public offering at the top end of the price range in Thailand to raise $602 million, making it the country’s largest listing since 2006.
The company, a unit of U.K.-headquartered retailer Tesco PLC, priced its IPO at 10.40 baht (34 U.S. cents) per unit on Saturday, representing a yield of 6.5%, according to people familiar with the deal. The price range for the IPO had been set at 9.65 baht to 10.40 baht. The fund’s shares will start trading in Bangkok in mid-March………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031