Sign up | Log in



Home  >>   Daily News  >>   Singapore News  >>   Capital Markets  >>   MU sets IPO in Singapore
NEWS UPDATES Asean Affairs                                 14  September 2011

MU sets IPO in Singapore

Related Stories

January 19,2011
Singapore Exchange to boast world's fastest trading engine

October 26,2010
Australian lawmakers question Singapore exchange bid

October 22,2010
Singapore Exchange, Australia's ASX talk takeover

Manchester United [MNU.UL] is planning to raise up to two-thirds of a planned $1 billion initial public offering in Singapore through non-voting preferences shares, the Financial Times reported Wednesday.

The newspaper reported that the move would keep as much as 88 percent of voting rights in the hands of the Glazer family, its American owners.

Plans being drawn up for the IPO would see the English soccer's Premier League champions selling about a third of the equity in the club, which is valued at about $3 billion.

According to people with knowledge of the transaction cited in the article, the balance of the shares would be in the form of nonvoting perpetual preference stock without dividend guarantees or the right to sell the shares back to the club, both common features of preference share issues.

The preference shares would rank ahead of the ordinary shares in the event of an insolvency, potentially making them attractive to institutions such as Temasek [TEM.UL], the Singapore state investment agency, which is considering taking a large stake as a cornerstone investor.

The two classes of shares would be sold as a package, although the relative values have not been finalised, according to the FT.


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    14  September  2011 Subsribe Now !
• Goldman, Morgan move on Indonesia Subcribe: Asean Affairs Global Magazine
• Toyota opens West Java plant Asean Affairs Premium
• Gold rush fills up Malaysian bank boxes
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Myanmar releases prisoners
• MU sets IPO in Singapore
• Central Thai bank OKs debt level
• Transsexuals win fight with Thai Defence
pp pp

Asean Analysis             14  September  2011

Advertise Your Brand
• Myanmar’s Myitsone Dam Project to continue Sponsor Our Events

Asean Stock Watch   14  September  2011

• Asean Stock Watch-September 14 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand