Skip to main content

Sabana REIT prices IPO at $1.05 per share

Sabana Shariah Compliant REIT, which owns industrial properties in Singapore, has priced its initial public offering at $1.05 a share or at the midpoint of the indicative range. Sabana REIT, Singapore’s first Islamic REIT and the largest Shariah-compliant property trust anywhere, had originally set a price guidance of $1.00–$1.10. I never know REIT can be Shariah compliant too!

Low deposit rates drive investors to seek higher yielding instruments?

Distribution yield estimates: 8.45% for 2011; 8.48% for 2012.
Retail tranche of the IPO: Starts on Nov 19, close on Nov 24 and begin trading on Nov 26.

Popular Posts

Ho Ching named 5th most powerful and is mistaken as first lady by Forbes

Forbes named Singapore Prime Minister wife and CEO of Temasek Holdings, Ho Ching, as the 5th most powerful woman in the world. Ho Ching is mistaken as Singapore's first lady! OMG!

I wonder how can Forbes makes such a blunder. For a complete list, refer to here.

How to stop FortiClient from starting automatically?

Installed FortiClient recently but the challenge in disabling the application/service from running automatically on every start-up annoyed me. Attempt to stop 'FortiClient Service Scheduler' only return 'Parameter is incorrect' error message.

An article on Technet help solve my trouble. To stop FortiClient from starting automatically, try the following:
Shut down FortiClient from the system tray.
Run net stop fortishield on command prompt.
Run msconfig.
On msconfig, switch to the Services tab. Clear the FortiClient Service Scheduler check box and click Apply.Run services.msc on command prompt to open up show all available services.Look for FortiClient Service Scheduler. Switch Startup type to Manual.Restart your computer. FortiClient should not be running automatically the next time round. Hope it helps.

President Elect Dr Tony Tan post election interview

I feel Dr Tony Tan can handle the reporters quite well.