CapitalMalls Asia is issuing bonds to retail investors from 9am, 7th January 2011. The application will close on 17th January 2011 at 12pm.
There are two options, a 1-year bond paying an interest of 1% and a 3-year bond paying an interest of 2.15% p.a.
The bonds will be issued in denominations of $1000 and the minimum amount for application is $2000.
In the event that CapitalMalls Asia bond fails to gather at least $20 million in subscriptions, it has the right to cancel the issue.
The application can be done via the ATMs of the local banks or DBS internet banking.