17.09.2010 - Mapletree Industrial plans $800mln IPO
From Todayonline.com: Mapletree Industrial Trust plans to raise about $800 million from an initial public offering in Singapore to buy six properties and repay debt, according to a term sheet sent to investors. Mapletree Industrial Trust will be Shariah-compliant to help attract Middle East investors seeking stable yields, Mapletree Investments chief executive officer Hiew Yoon Khong had said in June. The trust is offering 1.01 billion units, or up to 69 per cent of its market capitalisation, in the IPO, which includes a greenshoe - or overallotment option - of 91.75 million units...........................................Full Article: Source
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