Courts IPO Balloting Results

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.

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