EC World REIT IPO Balloting Result
EC World REIT IPO Balloting Result
See EC World IPO Prospectus and Product Highlight Sheet here.
Compare to other Singapore REITs here.
EC World REIT IPO Balloting Result
See EC World IPO Prospectus and Product Highlight Sheet here.
Compare to other Singapore REITs here.
EC World Real Estate Investment Trust (REIT) is set to price its initial public offering in Singapore near the top end of its indicative range to raise about S$346 million ($255 million), IFR reported, citing a person close to the transaction
The REIT, backed by a portfolio of properties in Hangzhou, China, will be selling 427.6 million units in the IPO, Thomson Reuters publication IFR reported on Wednesday.
The units are to be priced at S$0.81 apiece, compared with their indicative range of S$0.76-S$0.82, IFR said. Units of the REIT, sponsored by Shanghai-based Forchn Holdings Group, will be listed on July 28, IFR added.
An external spokesman for EC World declined to comment.
($1 = 1.3547 Singapore dollars) (Reporting by S. Anuradha of IFR; Additional reporting and writing by Aradhana Aravindan; Editing by Kenneth Maxwell)
EC World Product Highlights Sheet
Compare EC World REIT with other Singapore REITs here.
See EC World REIT IPO Prospectus here.
Compare to other Singapore REITs here.