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Real Estate Briefing - Categorized | IPOs/Stock Market, REITs more

Malaysia’s Pavilion Reit prices $228 mln IPO

Posted on 24 November 2011

Malaysia’s Pavilion Real Estate Investment Trust is set to raise M$710 million ($228 million) from its initial public offering after fixing the price at the top of the range at M$0.90 per unit for institutional investors, according to sources.
The retail tranche, which accounts for 4.4% of the deal, was priced at M$0.88 per unit………………………………………..Full Article: Source


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