UI Boustead REIT - Balloting Results
UIB REIT announced that its IPO was around 3.3x subscribed. This is commendable considering the volatile market conditions. The balloting table for the public offering is presented below. Everyone who applied receives some allocation. The IPO will start trading on 12 March 2026 at 2pm. Happy IPOing.

Comments
FNN is demergering its property business. Care to share what would be a reasonable price of FNN and FCL after the demerger or what is its targer price so I can judge if it is good to sell it. Thks!