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Sabana REIT plans first $459 mln IPO in Singapore

Posted on 29 October 2010

From Realestatechannel.com: Singapore-based Shariah Compliant Industrial Real Estate Investment Trust, or Sabana REIT, is thinking big. The company announced it plans to raise about 600 million Singapore dollars (US $459 million) in an initial public offering on the Singapore Stock Exchange.
If successful, this would be the first Shariah-Compliant listing in Singapore……………………………………….Full Article: Source

 
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This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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