Perennial Holdings 4.55% 4 yrs retail bond results are out, almost 100% allocation

If you have balloted for the Perennial 4.55%, chances of you getting a 100% allocation is pretty high. In the past I balloted 16 lots and I only get 10 lots.

This time round, I balloted 16 and I get the full 16 lots.

The units will be credited into your CDP account and trading will begin next Tuesday as Monday is a public holiday (in lieu for May Day).

So, did you get your allocated units ? Post your allocations in the comments section.

Manulife REIT placement for IPO at 82 cents and 6.5% yield pa

Just received word from my broker that there is an upcoming IPO for MANULIFE REIT.

MANULIFE is the insurer that everyone is familiar with. This time round they intend to list to acquire funds from Asia.

The suggested IPO price is $0.82 per share and dividend yield is expected to be around 6.5% pa.

The IPO isn't out yet but placement can be put up with your broker if they have some on hand. Give them a call to check it out.

Perennial Real Estate Holdings Retail Bonds 2nd tranche 4 yrs at 4.55% pa

Perennial Real Estate Holdings is right after Aspial to offer yet another tranche of retail bonds for the retail investors.

The firm is offering four-year bonds of up to $200 million - due in 2020 - with a coupon rate of 4.55 per cent. They might increase it to $300 million if the public offer is oversubscribed.

For IPO subscription, you can ballot for it with a minimum of S$2000 at the 3 participating bank's ATMs.

Application for the Perennial offer closes at noon on April 27. The bonds are expected to be issued on April 29, and be traded on the mainboard of the Singapore Exchange on May 3.

DBS Bank and United Overseas Bank are the joint lead managers and bookrunners for the offer.

So will you be balloting for it?