CapitalMalls Asia Bond

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.