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Hutchison Port Holdings S'pore's IPO

Posted: Mon Mar 07, 2011 11:49 pm
by tankee
HPH offered nearly 3.9 billion units for the IPO and some 185 million units will be issued to the public.

The offer price ranges from US$0.91 and US$1.08 per unit. However, investors subscribing for units under the public offer will pay S$1.383 per unit.

The public offer opens at 12 noon on March 7 and closes on March 14. The units are expected to start trading on SGX at 2pm on March 18. DBS Bank, Deutsche Bank AG and Goldman Sachs Singapore are the joint bookrunners and joint issue managers for the IPO.

Posted: Mon Mar 07, 2011 11:50 pm
by tankee
any advise?

is it good for short term gain?

or for long term investments?

or avoid at all cost?

:?

Posted: Thu Mar 10, 2011 11:56 am
by BigDevil
For those interested, deadline for submission is now tomorrow Mar 11 at 4:30pm, instead of Mar 14.

http://info.sgx.com/webcoranncatth.nsf/ ... penelement

Posted: Thu Mar 10, 2011 6:12 pm
by Oppsgal
S$1.383 per unit, a bit expensive...

Posted: Fri Mar 18, 2011 6:55 pm
by Angelight
It sunk today!

Posted: Fri Mar 18, 2011 8:32 pm
by tankee
luckily for them, they IPO before the Jap situation and gotten their money. unlucky for short-term investors, trading only starts now.

Posted: Sun Mar 27, 2011 7:02 pm
by LLK
Angelight wrote:It sunk today!
But it will surely go up again soon

Posted: Mon Mar 28, 2011 2:10 pm
by BlurBee
LLK wrote:But it will surely go up again soon
:pray:

Posted: Mon Mar 28, 2011 2:46 pm
by KSP
still underwater lah.....

those who got it are suckers.......

Posted: Tue Apr 05, 2011 12:37 pm
by linden2000
Thought I remember reading an article on BT about this stock recently. It's a business trust so unlike REITs, it is not required to make a minimum level of payout. Hence there may be uncertainty about the DPU. Also the DPU is in HKD and the stock price in USD, so there is currency exposure.