Mapletree, after huge demand, ready to allocate IPO

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Mapletree, after huge demand, ready to allocate IPO

Mapletree Greater China has closed a S$1.6bn ($1.3bn) listing at the top of the price range, after managing to build overwhelming demand. The trust is waiting for retail investors to place their orders before wrapping up the deal, but that looks a formality given the huge demand already for the deal.

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