Gold Member
Posts: 5344
Liked By: 67
Joined: 20 Jun 02
Tipsters
Championship:
Player
has
not started
|
Summary of the Offering
Issuer . . . . . . . . . . . . . . . . . . . . . . . Tiger Airways Holdings Limited, a company with limited liability
incorporated under the laws of Singapore on 1 February 2007.
The Vendor . . . . . . . . . . . . . . . . . . . Indigo Singapore Partners, L.P., a limited partnership established
under the laws of the state of Delaware.
Grantor of the Over-allotment
Option. . . . . . . . . . . . . . . . . . . . . Ryanasia Limited, a limited liability company incorporated under
the laws of Ireland.
The Offering . . . . . . . . . . . . . . . . . . 165,155,000 Offering Shares offered through the International
Offering and the Singapore Public Offer (subject to the Overallotment
Option), comprising 155,556,000 Issue Shares and
9,599,000 Vendor Shares. The completion of the Singapore Public
Offer is conditional upon the completion of the International
Offering.
The International Offering. . . . . . . . 152,769,000 Offering Shares, representing approximately 92.5% of
the total Offering Shares, offered at the Offering Price (i) in the
United States only to qualified institutional buyers in reliance on
Rule 144A and (ii) outside the United States to certain persons
(including to institutional and other investors in Singapore not
subscribing and/or purchasing in the Singapore Public Offer) in
offshore transactions in accordance with Regulation S.
These Shares are underwritten by the International Underwriters at
the Offering Price.
If for any reason, the Offering Price is not agreed upon among us,
the Vendor, Ryanasia and the Underwriters, the International
Offering will not proceed.
The Singapore Public Offer . . . . . . . 12,386,000 Offering Shares representing approximately 7.5% of
the total Offering Shares, offered at the Offering Price by way of a
public offer in Singapore. The completion of the Singapore Public
Offer is conditional upon the completion of the International
Offering.
These Shares are underwritten by the Singapore Underwriters at
the Offering Price.
If for any reason, the Offering Price is not agreed upon among us,
the Vendor, Ryanasia and the Underwriters, the Singapore Public
Offer will not proceed.
Clawback and Re-allocation . . . . . . . The Offering Shares may be re-allocated between the International
Offering and the Singapore Public Offer, for example, in the event
of an under-subscription in one and an over-subscription in the
other, at the discretion of the Underwriters (in consultation with us
and the Vendor). Unless we indicate otherwise, all information inthis document assumes that no Offering Shares have been reallocated
between the International Offering and the Singapore
Public Offer.
Price Determination. . . . . . . . . . . . . The Offering Price will be determined following a book-building
process by agreement among the Underwriters, the Vendor,
Ryanasia and us on the Price Determination Date, which is
expected to be 18 January 2010, which date is subject to change. If
for any reason the Offering Price is not agreed upon among the
Underwriters, the Vendor, Ryanasia and us, the Offering will not
proceed and all application monies in respect of the Singapore
Public Offer will be refunded (without interest or any share of
revenue or other benefit arising therefrom, and without any right or
claim against us, the Vendor, Ryanasia or the Underwriters) to all
applicants at their own risk, provided that such refunds are made in
accordance with the procedures set out under “Terms, Conditions
and Procedures for Application for the Offering Shares under the
Singapore Public Offer” in Appendix B to this document. Among
the factors that will be taken into account in determining the
Offering Price are the demand for our Shares under the Offering
and the prevailing conditions in the securities markets.
Notice of the actual Offering Price will be published in one or more
major Singapore newspapers, such as Today, The Straits Times, The
Business Times and Lianhe Zaobao, not later than two calendar
days after the Price Determination Date.
Maximum Offering Price . . . . . . . . . S$1.65 per Offering Share. Investors applying in the Singapore
Public Offer are required to pay the Maximum Offering Price,
subject to refund if and to the extent that the Offering Price is less
than the Maximum Offering Price.
Subscription for the Singapore
Public Offer. . . . . . . . . . . . . . . . . Prospective investors applying for Offering Shares under the
Singapore Public Offer by way of Application Forms or Electronic
Applications (both as referred to under “Terms, Conditions and
Procedures for Application for the Offering Shares under the
Singapore Public Offer” in Appendix B to this document) will pay
the Maximum Offering Price on application, subject to a refund of
the full amount or, as the case may be, the balance of the
application monies where (i) an application is rejected or accepted
in part only; (ii) the Offering does not proceed for any reason; or
(iii) the Offering Price is less than the Maximum Offering Price.
For the purpose of illustration, an investor who applies for 1,000
Offering Shares by way of an Application Form or an Electronic
Application under the Singapore Public Offer will have to pay
S$1,650, which is subject to a refund of the full amount or the
balance thereof (without interest or any share of revenue or other
benefit arising therefrom), as the case may be, upon the occurrence
of any of the foregoing events.
The minimum initial subscription is for 1,000 Offering Shares. An
applicant may subscribe for a larger number of Offering Shares in
integral multiples of 1,000.
Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...
|
Main Menu >
Stocks, FX, Cryptocurrencies & Commodities Forum >
IPO TIGER AIRWAYS SG
1
Find all Topics Started by ckm
Find all Posts by ckm
Follow / Unfollow
PM ckm
14-Jan 2010 Thursday
11:37 AM (5235 days ago)
0 Likes
Like
19-Jan 2010 Tuesday
12:42 AM (5230 days ago)
