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.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Google url shortener service, goo.gl , is now much improved with newly included features like easier copy and paste, and ability to delete e...
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
-
As of today, Google will start using a new shortened url - g.co , to promote Google websites. g.co works differently as compared to a long-t...
-
Terms Of Use By downloading or using the app, these terms will automatically apply to you – please read them carefully before using the app....
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.