Sasseur Reit launches S$396m IPO, leans on cornerstones

Jonathan Breen

March 08, 2018 06:15 am

shopping_mall_fotolia_230x150 — Big light multistorey shopping mall. Customers using escalators to get up and down. Trade centre of Petronas Twin Towers in Kuala Lumpur, Malaysia | danr13 - Fotolia

Chinese outlet mall trust Sasseur Reit has kicked off a fixed price bookbuilding for its S$396m ($301.3m) Singapore IPO, placing nearly half the deal with cornerstone investors.

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Topics

Credit Suisse Equity IPOs Equity China International Capital Corp Citi Asia Haitong Securities Bank of China Southeast Asia Singapore Asean Asia Pacific Emerging Markets DBS Maybank

JB

Jonathan Breen

Equities editor GlobalCapital Asia