Sunday, 11 September 2011

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SGX fast-track Manchester United's IPO, approval expected by next Thursday

  • Sunday, 11 September 2011
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  • IOL.co.za, 10 Sep 2011
    Singapore – The Singapore stock exchange could approve the listing of debt-plagued English Premier League champions Manchester United as early as next Thursday, a media report said Saturday.
    The club, owned by the US-based Glazer family, hopes to raise 1 billion dollars by tapping its huge fan base in Asia, estimated at more than 190 million supporters, to ease its financial burdens.
    Lawyers involved in the listing were preparing the paperwork to get the nod from Singapore Exchange Ltd next week,.... Full story

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