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NetLink Trust IPO: 5.43% p.a. - Apply via ATM from 10-17 July 2017


You might have heard about this big IPO. Set to be Singapore's largest listing in more than 4 years, NetLInk Trust IPO is expected to be raise about $2.3 billion.
What is an Initial Public Offering (IPO)?
An IPO is the very first sale of stock issued by a company to the public. In other words, the stock is not listed and hence you can't buy it on the stock market yet. You may apply for the stock via ATM or submitting an application form. A fixed price is offered. After the IPO, the stock will be listed on the stock market, and during then, investors can freely buy and sell the stock. Of course, once listed, the price fluctuates based on the demand and supply in the stock market. Some household IPO names you might have heard over the recent years include Sheng Siong & Jumbo.
What does the company NetLink NBN Trust do?
As the name says it all, NBN stands for Nationwide Broadband Network. NetLink NBN Trust is the broadband unit of SingTel. The Trust Group’s nationwide network is the foundation of the Next Gen NBN, over which ultra-highspeed internet access is delivered throughout mainland Singapore and its connected islands. The Trust Group designs, builds, owns and operates the passive fibre network infrastructure (comprising ducts, manholes, fibre cables and Central Offices) of Singapore’s Next Gen NBN. The Trust Group’s extensive network provides nationwide coverage to residential homes and non-residential premises in mainland Singapore and its connected islands.
To get a good idea, check out NetLink Trust's website here.
The prospectus and product highlights sheet can be found here.

Here's a comprehensive analysis of NetLink Trust  "The NetLink Trust IPO – A Good 5% Dividend Yield Stock to Hold?" written by Kyith Ng from Investment Moats.
Dividend Yield:
The forecasted dividend yield for 2018 is 5.43% pa and is projected to increase to 5.73% pa for 2019.
Basic Information about the IPO:
Price:S$0.81 per unit
Minimum Subscription:1000 Units. Subsequently, any larger number of Units in multiples of 100.
Subscription Period:10 July 2017, 5.00pm to 17 July 2017, 12.00 noon
Commencement of Trading Date:19 July 2017
How to Apply:- Most convenient way is to apply via ATM & Internet Banking Platform of DBS, OCBC and UOB Banks.
- Application can also be done via DBS Mobile Banking Interface.
- Or, application can also be made by filling up the WHITE Public Offer Units Application Form, which can be found at the back of the Prospectus.
Some other things to take note:Only 1 application per person. Multiple applications will be rejected; Application is not applicable under CPF.
Some Steps To Note When Applying Via ATM:
- Bring along your CDP number.
- Ensure you have sufficient funds when making the application.
- The full amount of your application will be deducted from your bank account.
- Subsequently, monies of any unsuccessful units will be returned to you, if any.
- At the ATM, select under "Services" >> “ESA-IPO/Rights Appln/Bonds/SSB/SGS/INVESTMENTS >> “ELECTRONIC SECURITIES APPLN (IPOS/BONDS/ SECURITIES)”
- Follow through when you see "NetLink".
- Remember to keep the receipt!
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