The Business Times
business-time-50

Chinese mall business trust seeks S'pore IPO

google-preferred-sourceAdd BT as a preferred source
Published Wed, Dec 28, 2016 · 02:04 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    A BUSINESS trust holding three shopping malls in a city in China's Guangdong province is seeking to raise 586.4 million yuan (S$122.5 million) through an initial public offering on the Singapore Exchange mainboard.

    Dasin Retail Trust lodged a preliminary prospectus on Wednesday night, without indicating pricing or the number of units that would be in the retail and placement tranches. Its sponsor is Zhongshan Dasin Real Estate, which develops property in Zhongshan city in Guangdong.

    The trust's initial portfolio contains Xiaolan Metro Mall, Ocean Metro Mall and the Dasin E-Colour shopping mall, all of which are in Zhongshan.

    dasin retail trust

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

    Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

    In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

    ‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More