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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Singapore GIC unit rises 10.7pct in Debut

Posted on 19 October 2010

From WSJ: Shares of Global Logistic Properties Ltd., a real estate unit of the Government of Singapore Corp., made a robust debut on the Singapore Exchange Monday, rising 10.7% above their initial public offer price.
At the close of the session, GLP shares closed at 2.17 Singapore dollars ($1.66) apiece compared to the IPO price of S$1.96. The Straits Times Index ended the session 0.7% lower……………………………………….Full Article: Source


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