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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

Dasin Retail Trust, which holds three shopping malls in Guangdong province, will acquire a fourth mall, Shiqi Metro Mall (above), from its sponsor by June 30.


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...

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