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Thursday, 19 May 2016

Manulife REIT - Balloting Results

Manulife announced that its public offering was 1.6x subscribed. Given that this is a big size offering, it was not difficult to get some via the public tranche. The balloting ratio are as follows:

Investors who applied for 50,000 shares will get a 38:50 chance and will be alloted in full. 

The list of placement shareholders have some interesting names like Dymon Asoa and SeaTown. Let's see if it has any impact on share price performance tomorrow. 

Best wishes to those who got some shares. ^_^

1 comment:

temperament said...

Just for fun.
i think stag may not profit much.
In fact may lose 1 to 5 % of capital.
Of course not vested.

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