23 March 2016

ASUS announces RP-AC68U the latest 802.11ac (AC1900) dual band WiFi repeater at S$259

ASUS announces RP-AC68U the latest 802.11ac (AC1900) dual band WiFi repeater at S$259

ASUS today announced RP-AC68U, its top-of-the-range 802.11ac (AC1900) dual-band Wi-Fi repeater. The compact and stylish RP-AC68U features four internal high-performance antennas (3 transmit, 4 receive) and allows users to easily extend coverage of an existing 802.11ac Wi-Fi network with ultra-fast speeds of up to 1900Mbps.
  

•             Powerful repeater extends an existing dual-band 802.11ac Wi-Fi network, with speeds up to 1900Mbps
•             Includes USB 3.0 port with 10-times (10X) faster data transfers than USB 2.0, with support for ASUS AiCloud
•             Five Gigabit Ethernet ports allow users to convert any wired network devices to wireless operation


AVAILABILITY & PRICING
Models
VM65N
Launch Price (SGD)
$259
Warranty
3 years
Availability
NOW!

Aspial Corp issues second retail bond at 5.3 percent per annum

For those who missed the first retail bond offered by Aspial Corporation 5.25% last year, you will have a chance to ballot the second round this year.

The four-year, S$75 million issuance pays annual interest of 5.3 per cent, one of the highest rates rolled out here in years.

Aspial's latest issuance will set aside S$50 million for public offer, with a minimum investment of S$2,000 per application. A S$25 million placement tranche - for institutional investors - will require at least S$100,000 per application.

The offer opens at 9am Wednesday and closes at 12 noon on March 30. Aspial can expand the issue size to a maximum of S$200 million if the offer is over-subscribed.

A 5.3 per cent annual payout, or coupon rate, is step up from Aspial's first issuance in August last year, when the jeweller and property firm rolled out a five-year, S$150 million issuance with a 5.25 per cent coupon rate.

Both coupon rates sit at the very top of the current crop of Singdollar retail corporate bonds.

"The return is certainly very attractive, as is usual with non-investment grade offering," CMC Markets analyst Margaret Yang said, referring to the fact that Aspial is not credit-rated. "Individual investors will have to decide based on their risk appetite. But for a company to hit the retail bond market now makes sense, given that the interest rate uncertainties have dropped after the Federal Reserve said only two rate hikes are on the cards this year."

Those interested can apply through ATM machines from $2000 onwards or buy the corporate version at S$100,000 per lot from issuing parties. Do note that this is a high yield unrated bond which will mature in 4 year's time. The older retail bond at 5.25% is trading slightly below par at 0.995 cents which gives a yield of more than 5.25% right now.

Will you apply for this retail bond?

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