ICBC zooms in on Singapore Reit, business trust IPOs

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By John Loh
16 Apr 2018

Industrial and Commercial Bank of China’s Singapore branch aims to underwrite IPOs of Chinese companies in the city-state after receiving accreditation as an issue manager from the Singapore Exchange.

Geng Hao, deputy general manager of ICBC Singapore, said in a statement on Monday that the firm will initially focus on bringing Chinese property developers in tier one and two cities to list real estate investment and business trusts on SGX.

As for non-Reit and business trust listings, ...

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