Tuesday, March 8, 2011

Hph trust


HPS Trust plans aggressive growth in its operations, intra-ASEAN plus an engine of growth for the port activity in Asia. About 10 million twenty-foot equivalent containers (TEUs) passing through Hong Kong Trust and HPH operations Shenzhen and that number should increase by 9 per cent of the public offering next year.The clock is December 7th March is ending March 14. The devices are expected to start trading in SGX at 2:00 p.m. on March 18. DBS Bank, German Bank AG and Goldman Sachs are the joint book runners and joint issue managers Singapore Hong Kong IPO.The preferential offer will begin on March 7 and end at 16:30 on March 11, Hutchison said.

Increased trade within ASEAN is a major growth driver for the port in Asia. With increased trade, led by about 10 million standard containers (TEU) of HPS Trust of Hong Kong and Shenzhen, operations and the number should grow by about 9% next year year.Hutchison Port Holdings Trust launched its initial public offering on the Stock Exchange of Singapore, the company will increase as much as U.S. $ 6.4 billion (S $ 8 billion) in a move that made the biggest IPO ever in Mexico, surpassing S SingTel list of $ 4 billion in 1993.HPH Trust offers 3.6 to 3,900,000,000 units for the IPO, with about 185 million units to be issued to the public. The preferential offer will start at 00:00 on March 7, 2011 and around 16:30, 11 March 2011. Trading of the trust units of the SGX-ST is expected to begin March 18, 2011.

There is an allotment, or instrumentality of the allocation of 15 per Quote cent.The of 91 U.S. cents to U.S. $ 1.08 per unit. Investors who subscribe for the portion of public units offering price will pay up to S $ 1,383, based on a conversion rate of U.S. $ 1 to S $ 1.2806. Will be refunded the difference, if any, between the final price and the current price price.Final is scheduled March 14, with operations expected to begin in March 18.In addition, subject to conditions, the cornerstone investors will subscribe to U.S. subsidiary billion.The 1.6 billion Hong Kong tycoon Li Ka-shing Whampoa Hutchison plans to raise up to S $ 7.3 billion (5.8 billion U.S. dollars). Trust is shown here in Hong Kong regulations do not yet based on the company.
Share/Bookmark

1 comment:

DarKScoRpioN said...

HPH Trust listed at a wrong time. The overall bearish sentiments of the market caused the price to come down. Hopefully the market will rebound from here.

Read more about HPH Trust here.
http://sgsharemarket.com/home/2011/03/hutchison-whampoa-shares-slides-down-on-singapore-debut/