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Korea's Lotte defers S'pore Reit IPO

Saturday, May 3, 2014 - 06:00

Seoul LOTTE Shopping Co Ltd said it is postponing an up to US$1 billion real estate investment trust (Reit) listing in Singapore due to unfavourable market conditions, the second large initial public offering (IPO) to be pulled in Asia this week. Volatile equity markets this year have helped

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