You are here

HNA Commercial Reit's IPO issue size estimated at S$775m

The parent group's associate will take up no less than 35% stake to be its largest shareholder


THE upcoming listing of HNA Commercial Reit is expected to have an issue size of around S$775 million, of which Chinese conglomerate HNA Group's Shenzhen-listed associate plans to take up no less than 35 per cent stake to become its largest shareholder.

Based on...