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HNA Commercial Reit's IPO issue size estimated at S$775m

The parent group's associate will take up no less than 35% stake to be its largest shareholder

Singapore

THE upcoming listing of HNA Commercial Reit is expected to have an issue size of around S$775 million, of which Chinese conglomerate HNA Group's Shenzhen-listed associate plans to take up no less than 35 per cent stake to become its largest shareholder.

Based on

sentifi.com

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