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Chinese mall owner seeks to raise 586.4m yuan in Singapore IPO
Add BT as a preferred sourcePublished Wed, Dec 28, 2016 · 09:50 PM
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Singapore
A BUSINESS trust holding three shopping malls in a city in China's Guangdong province is seeking to raise 586.4 million yuan (S$122.2 million) through an initial public offering on the Singapore Exchange (SGX) mainboard.
Dasin Retail Trust lodged a preliminary prospectus on Wednesday night, without indicating pricing or the number of units that would be in the retail and placement tranches. Its sponsor is Zhongshan Dasin Real Estate, which develops property in Zhongshan city in Guangdong.
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