Singapore: Netlink NBN Trust launches $1.66b listing on SGX

Singapore: Netlink NBN Trust launches $1.66b listing on SGX

The SGX Centre at Shenton Way. Credit: DealStreetAsia

Fibre network owner NetLink NBN Trust launched its S$2.3 billion ($1.66 billion) initial public offering (IPO) on the SGX Mainboard. The business trust is offering nearly 2.9 billion units priced at 81 cents each, close to the bottom of the initial pricing range of between 80 cents and 93 cents.

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