Corporate digest
Dasin Retail Trust
THE public offer for Dasin Retail Trust's initial public offering (IPO) was subscribed by about 7.6 times. The firm will start trading on Singapore Exchange (SGX) at 2pm on Jan 20.
The business trust, which holds three shopping malls in China's Guangdong province, is the first mainboard listing on SGX this year. The IPO consisted of an international placement of some 149.77 million units to investors and two million units to the public in Singapore. The placement tranche was oversubscribed according to the indications of interest received, it said. Meanwhile, the public offer received 734 valid acceptances for about 15.27 million units at the close of the public …
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Syngenta to withdraw China IPO application on weak market: sources
Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
China’s Huawei continues rebound with strongest earnings growth since 2019
Hatten Land gets notice of default, letter of demand for RM14 million, appoints financial adviser
ComfortDelGro wins contracts to run buses in Manchester
Sam Bankman-Fried, at sentencing, acknowledges FTX customers have suffered