You are here

OUE C-Reit's IPO 2.75 times subscribed

Trading expected to start at 2pm on Monday

Singapore THE initial public offering of 208 million units by OUE Commercial Real Estate Investment Trust (OUE C-Reit) has been 2.75 times subscribed. The IPO at 80 cents a unit - comprising a public offer of 56.25 million units and a placement tranche of 151.75 million - drew valid applications