I want a new life and I want it with you.

I want a new life and I want it with you.


- Pic from Internet

- wong chee tat :)

Blog Updates: Minor updates:

Blog Updates: Minor updates:

 - Update labels

Will continue to make minor improvements for this blog!

 - wong chee tat :)

Blog Updates: Minor updates:

Blog Updates: Minor updates:

 - Update labels

Will continue to make minor improvements for this blog!

 - wong chee tat :)

Blog Updates: Minor updates:

Blog Updates: Minor updates:

 - Update labels

Will continue to make minor improvements for this blog!

 - wong chee tat :)

Sasseur Reit plans up to $600 million IPO in March

Sasseur Reit plans up to $600 million IPO in March
Sasseur Group is planning to list Sasseur Reit on the Singapore Exchange in March, with the IPO expected to raise between $500 million to $600 million.

Published
Feb 11, 2018, 6:43 pm SGT
Updated
Feb 11, 2018, 10:41 pm

Marissa Lee

SINGAPORE - Sasseur Group, a Shanghai-based developer of outlet malls which last year pushed back plans for a Reit listing here, has begun gauging investor interest again with plans to list Sasseur Reit in March.

The initial public offering (IPO) could raise between $500 million to $600 million and Sasseur Reit would have a market cap of $1 billion upon its debut, according to a term sheet.

The Reit promises an indicative yield of 7 per cent in 2018 and mid-7 per cent in 2019, and would be the first outlet mall Reit to be listed on the Singapore Exchange.

Sasseur Reit's IPO portfolio will comprise four retail outlet malls in China valued at about $1 billion, it said last year.

Based on Sasseur's indicative timeline, the IPO prospectus will be lodged on March 1, ahead of the listing on March 29.

DBS Bank, Bank of China, Citibank and Maybank Kim Eng are the joint bookrunners.


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Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Emotional Rollercoaster

Emotional Rollercoaster these 2 weeks. 

Need to stop.

- Pic from Internet

- wong chee tat :)