Results of the Courts Asia IPO is out as of 8pm 12 Oct 2012 and are summarised as follows
- 85,795,000 shares for public and placement tranche
- 24.4x over subscribed for the public tranche shares
- 77,920,000 shares for cornerstone investors
- JF Asset Management
- New Silk Road Investment
- Target Asset Management
- Value Partners
- IPO raising of $137.1million
Shares will commence trading on a "ready" basis at 9am on Monday, 15 Oct 2012.
Complete results of the Courts Asia IPO is out as of 8pm 12 Oct 2012 and is available on SGX here.