New Frasers Reit over six times subscribed
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AUSTRALIAN industrial property play Frasers Logistics & Industrial Trust (FLT) will make its mark as the hottest major initial public offering (IPO) in town this year.
The offering, which closed on Thursday, was over six times subscribed, drawing keen demand from institutional investors and to a lesser extent by members of the public.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
