IOI Properties Sets RM0.96 Retail Price For REIT IPO, Offers Up To 2.2 Billion Units
IOI Properties Group Bhd is offering up to 2.2 billion units in IOIPG REIT. The retail offer price is RM0.96 per unit. 715.61 million units are allocated to retail investors. The REIT plans to list on Bursa Malaysia's Main Market.
What it means for buyers, tenants and investorsInvestors interested in IOIPG REIT can apply for units at the retail price of RM0.96, and check the details of the offering and listing.
What it means for Japanese buyers
IOI Properties offers up to 2.2 billion IOIPG REIT units at RM0.96 each.
Japanese investors can apply for units at this price, checking the offering details.
They should also consider the 30% tax on rental income from Malaysian property.
Investors should check the listing details with Bursa Malaysia or a financial advisor.
Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.
Key facts
| Companies | IOI Properties |
|---|---|
| Areas | Nationwide |
| Section | Investment & REITs |
| Date | |
| Source | Business Today ↗ |
Related guides
From our guidesMore guides →
Our own explainers on renting, buying and investing in Malaysian property: the steps, the costs and the rules.
GuideBuying & investingProperty Viewing Checklist Malaysia: 10 Things Buyers Miss
GuideBuying & investing9 Checks When Choosing a Condo in KL: MRT Access, Management and Flood Risk
GuideBuying & investingBuying Subsale in Malaysia: 7 Common Mistakes to Avoid
GuideBuying & investing6 Checks Before Buying a New Launch: How to Avoid Abandoned Projects in Malaysia
Related news
- IOIPG Malaysia REIT IPO Offers 12.5% Upside At RM1.08 Fair Value Ahead Of Nov 25 Listing
- IOI Properties Announces Retirement Of Prominent Independent Director Lim Sim Seng
- IOI Properties REIT Market Capitalisation Estimated At RM5.3 Billion
- IOI Properties Clarifies That Acquisitions Remain In Assessment Stage
- IOI Properties Says Plans For Secondary Listing On SGX Not Formal
