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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Global Logistics IPO said to raise S$3.45 bln

Posted on 08 October 2010

From Bloomberg: Global Logistic Properties Ltd. is set to raise S$3.45 billion ($2.64 billion) in Singapore’s biggest initial public offering since 1993, three people with knowledge of the matter said.
Shares in GLP, the overseas logistics unit of Government of Singapore Investment Corp., were priced at S$1.96 a share, the top end of a range marketed to investors, the people said on condition of anonymity……………………………………….Full Article: Source


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