Bursa Alert
Global Market
NewsBToto hopes to list business trust in Singapore end-August
Page 1 of 1
BToto hopes to list business trust in Singapore end-August
by hlk Mon 20 May 2013, 13:32
KUALA LUMPUR: Berjaya Sports Toto Bhd hopes to start the listing exercise of its business trust, Sports Toto Malaysia Trust (STM-Trust), by early July.
It said on Monday following the initial public offer exercise, it hoped to list STM-Trust on the Singapore Exchange Securities Trading Ltd by the end of August.
To recap, BToto said that due to the efflux of time, Sports Toto Malaysia Sdn Bhd had to prepare a fresh set of audited financial statements for inclusion in the prospectus.
"STM
(Sports Toto Malaysia) is now actively engaging its auditors with the
view to complete the audit for the financial year ended April 30, 2013,
by end June," it said.
It said on Monday following the initial public offer exercise, it hoped to list STM-Trust on the Singapore Exchange Securities Trading Ltd by the end of August.
To recap, BToto said that due to the efflux of time, Sports Toto Malaysia Sdn Bhd had to prepare a fresh set of audited financial statements for inclusion in the prospectus.
"STM
(Sports Toto Malaysia) is now actively engaging its auditors with the
view to complete the audit for the financial year ended April 30, 2013,
by end June," it said.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» BToto shelves listing of business trust in Singapore (Update2)
» Btoto announces transfer of sports toto to business trust, listing on SGX
» Highlight BToto gets SGX nod for trust listing
» Hot Stock BToto rises 1.3% after cancelling STM-Trust listing
» IGB to set up and list real estate investment trust
» Btoto announces transfer of sports toto to business trust, listing on SGX
» Highlight BToto gets SGX nod for trust listing
» Hot Stock BToto rises 1.3% after cancelling STM-Trust listing
» IGB to set up and list real estate investment trust
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum