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

GIC unit to bring Singapore listing forward

Posted on 07 October 2010

From WSJ: Global Logistic Properties Ltd., a unit of sovereign wealth fund Government of Singapore Investment Corp., is looking to bring its Singapore listing forward by up to seven days to the week starting Oct. 11 due to strong demand for the offer, people familiar with the transaction said Wednesday.
GLP is looking to raise as much as $2.7 billion in an initial public offering. In a prospectus filing with the Monetary Authority of Singapore last week, GLP said the listing for the stock was scheduled for Oct. 18……………………………………….Full Article: Source

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