Creative Technology Ltd, whose shares are already traded on Nasdaq in the US, and wants them listed back home in Singapore as well. It is offering 2m shares at the equivalent of $16.86 each, a 7.8% discount from Friday’s closing price in the US.Of the 2m shares, 70% will be placed by 29 broking houses, […]
Creative Technology Ltd, whose shares are already traded on Nasdaq in the US, and wants them listed back home in Singapore as well. It is offering 2m shares at the equivalent of $16.86 each, a 7.8% discount from Friday’s closing price in the US.Of the 2m shares, 70% will be placed by 29 broking houses, the rest will be sold via bank teller machines. The Sound Blaster king’s share issue is being handled by the Development Bank of Singapore.