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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

GIC’s logistics unit sets price of S$1.78-$1.96 for IPO shares

Posted on 28 September 2010

From Channelnewsasia.com: The Government of Singapore Investment Corporation (GIC) has said its logistics arm could seek to raise as much as S$3.9 billion in its initial public offering. This would make it the country’s second-biggest IPO.
Global Logistic Properties has set an indicative price range of S$1.78 to S$1.96 per share. According to its prospectus, the IPO will comprise up to nearly two billion shares, including for cornerstone investors and over-allotment……………………………………….Full Article: Source


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