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
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
