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No relief yet to IPO drought: bankers

But more privatisations likely, with upcoming trust listings featuring new types of assets

Walking away: Lotte Shopping Co Ltd has delayed a US$1 billion Reit listing due to unfavourable market conditions. - PHOTO: BLOOMBERG

[SINGAPORE] The drought in the initial public offering (IPO) market looks set to continue for a while more, with the recent two listings of PACC Offshore Services Holdings and QT Vascular providing only temporary relief. Meanwhile, the privatisation wave might spread, as interest by current