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10 things to note about Frasers Logistics and Industrial Trust IPO

Goola Warden Published on Fri, Jun 10, 2016 / 6:00 PM GMT+8

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1. Frasers Logistics and Industrial Trust (FLT) is set to raise about $903 million after pricing its IPO at the top of its indicative range at 89 cents.

2. This is Singapore’s biggest new listing in three years.

3. About 521.7 million units will be sold to institutions and retail investors. Another 492.8 million units is set aside for cornerstone investors.

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