Manulife's US Reit gives Singapore listing another try
It is looking to raise up to about US$470 million for three Grade-A office buildings
Singapore
CANADIAN financial services group Manulife Financial Corp has revived its initial public offering plan to list its office real estate investment trust in Singapore, 10 months after it pulled the plug on the first attempt amid volatile market conditions.
It is now looking to raise up to about US$470 million in its second attempt at a Singapore IPO of its three office properties in the United States, based on an amended preliminary prospectus filed with the Monetary Authority of Singapore on Tuesday.
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