Dasin Retail Trust prices IPO at 80 cents, to raise S$121 million
Public offering comprises retail tranche of 2m units and international placement tranche of 149.8m units
Singapore
DASIN Retail Trust, a business trust holding three shopping malls in Guangdong province, has priced its Singapore initial public offering (IPO) at 80 cents per unit, raising S$121 million in gross proceeds.
Its IPO prospectus was registered with the Monetary Authority of Singapore on Friday. The public offering consists of a retail tranche of two million units and an international placement tranche of 149.8 million units.
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