NetLink Trust's IPO could raise at least $2b

It aims to complete the IPO by July.

Bloomberg Markets reported that the NetLink Trust, the fibre broadband network provider backed by Singapore’s biggest phone company, started briefing analysts this week ahead of an initial public offering that could raise at least $2b ($1.4b).

The arm of Singapore Telecommunications Ltd. began meeting research analysts to explain its business model, which will later be followed by meetings with potential investors, according to the people. NetLink Trust, which announced Monday the government has cut most of its prices, has been discussing a potential annual dividend yield of about 4 percent to 5 percent, the people said, asking not to be identified because the information is private.

Read the full story here.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia