Genting Singapore reaches out to retail investors:
'via Blog this'
This is another chance of getting a stable return from a stable investment. I doubt that the trading price will be lower than the IPO pricing. It should be higher as all other preference shares are trading at a higher level and bonds are trading at par value.
Its yield is quite attractive at 5.125% although there are better preference shares to choose from. I will expect the trading price to be the same as IPO considering what happen to CMA's bonds earlier.
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