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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Singapore GIC logistics unit launching $3 bln IPO

Posted on 09 September 2010

From Reuters: Singapore’s sovereign fund GIC’s logistics unit is launching an initial public offering which could raise up to $3 billion with investor education to begin on Thursday and roadshows starting Sept 23, a source with knowledge of the deal said.
The IPO for Global Logistic Properties, potentially the biggest ever in Singapore since Singapore Telecommunications had a S$4 billion listing in 1993, will likely be priced on Oct 8, the source said……………………………………….Full Article: Source


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