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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Perennial China retail trust nears Singapore IPO

Posted on 23 February 2011

From WSJ: Mapletree Commercial Trust, which has links to state investment company Temasek Holdings Pte. Ltd., is also looking to raise as much as US$1 billion in an IPO in late March or April.
Perennial China Retail Trust, a unit of property-investment firm Perennial Real Estate, is likely to file a prospectus for a one billion Singapore dollar (US$780.6 million) initial public offering to Singapore’s central bank this week, in what will be the first of several big-ticket IPOs this year, people familiar with the situation said………………………………………..Full Article: Source

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