Keppel allocates S$513m Reit IPO with top pricing

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Keppel allocates S$513m Reit IPO with top pricing

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Keppel Telecommunications & Transportation, which has priced its S$513m ($393.8m) real estate investment trust IPO at the top of the range, has now allocated a large chunk of the deal to long only investors, leaving very little on the table for other bidders.

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