Singapore MRT a gift to revive interest in privatizations

Singapore MRT''s IPO has been priced cheap to whet investors'' appetites ahead of much bigger government share sales later this year.
July 17, 2000

The Singaporean government has agreed to sell a third of its holding in Singapore MRT pretty cheap, pricing the 492 million shares on offer at S$0.61 each รป the upper end of a fairly low range.

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