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Old 20th Jan 2010, 13:31
  #394 (permalink)  
DrPepz
 
Join Date: May 2007
Location: Singapore
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Sunstar: Tiger Airways (which operates both Singaporean and Australian bases) is a Singapore-incorporated company which is listing on the Singapore Exchange (SGX). It is not listing on the ASX.

The Singapore retail offering of the share was 21-times oversubscribed.

The international and institutional investor placements were 4-times oversubscribed.

It does seem that there was far greater interest in this IPO than the media would have thought - and that the underwriters probably did a crap job. They could have raised double the amount easily, looking at the response!
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