Accordia Golf takes a swing at $800m SG business trust

By Rev Hui
23 Apr 2014

Japan’s Accordia Golf is eyeing a S$1bn ($800m) business trust offering of its golf courses onto the Singapore Exchange, according to bankers on the trade.

Citi and Daiwa Securities are managing the IPO, which is expected to list in August subject to the approval of the SGX and the Monetary Authority of Singapore.

Accordia is looking to inject 90 of its 133 golf courses into the business trust, which is likely to be ...

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