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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials

Malaysia Pavilion prices IPO’s institutional part at 90 sen/unit

Posted on 24 November 2011

Malaysia’s Pavilion Real Estate Investment Trust, partly owned by the Qatar Investment Authority, said it has priced the institutional portion of its 710 million ringgit ($223.5 million) initial public offering at 90 Malaysian sen each.
The offering is at least 25 times oversubscribed, two sources with direct knowledge of the deal told Reuters on Wednesday. The retail portion of the offer was priced at 88 sen each, Pavilion said in a statement, but did not give subscription details………………………………………..Full Article: Source


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