CapitaMalls Asia IPO

In case you didn't know, IPO stands for Initial Public Offerings. Capitaland's subsidiary, CapitaMalls Asia debuts on Wednesday with an 8.5% increase in share price closing at $2.30.

Everyone who were successfully allocated with the shares during IPO made an instant paper profit of $180 per lot (where 1 lot = 1000 shares) on the very first trading day!!

I submitted my bids for the IPO at $2.12 per share and it went through! But i sold them away on the first day because i will have to eat grass if i were to keep those shares.

Lastly, a big thank you to all the "shopping malls" for funding my new phone which i gonna purchase very soon.

Look out for the next post on my awesome visit to Eagle Venice!!