Manchester United Seeks Singapore IPO

[karlmarx]

While I have no intention of owning any man-u shares, this is bad for the development of singaqpore's financial market. This ipo would've brought greater attention to singapore from the other big companies seeking to list, and volume to our market.

[Musicwhiz]

While I have no intention of owning any man-u shares, this is bad for the development of singaqpore's financial market. This ipo would've brought greater attention to singapore from the other big companies seeking to list, and volume to our market.

Don't worry there's still F1 and IHH in the line-up. And who knows, there may be a lot of other IPO aspirants who are eagerly queueing up to sell shares to Singaporeans.

[sgd]

I remember for underwriting any IPO is a double edged sword. The main and co-underwriter tend to make huge fees if the IPO does well, if it doesn't they could be liable to absorb whatever has not been subscribed. So manchester trying to raise few billion dollars only a few of the big outfits have ability to do. You can also see the confidence level of the underwriter. If you see 1 single underwriter that means confidence is high but if you see main underwriter followed by several co-underwriters means confidence is low and they are trying to spread their risk.

For this type of IPO if underwriters make money then more will be eager to go underwrite for the other big ipo f1, reliance etc ... if the underwriters lose money maybe none of the underwriters will too eager to float anymore unless terms negotiated are in their favor.

[Jacmar]

While I have no intention of owning any man-u shares, this is bad for the development of singaqpore's financial market. This ipo would've brought greater attention to singapore from the other big companies seeking to list, and volume to our market.

Beg to differ on this one. In fact I think the authorities in singapore has done a great job for once....clap, clap. Reason is that these guys wants a dual share structure ie like facebook, meaning that minority shareholders would have to surrender their rights to the majority shareholder.good ridance to them...big fish trying to eat small fish.I think HKSE is also smart not to give in too.