IOIPG REIT Fixes IPO Price Lower At 91 Sen, Valuing Trust At RM5 Billion
IOIPG REIT has fixed its IPO price at 91 sen per unit. The trust is valued at approximately RM5.01 billion. The IPO price is 5 sen lower than the initial retail offering price. IOIPG REIT will be listed on Bursa Malaysia's Main Market.
What it means for buyers, tenants and investorsShareholders and potential investors of IOIPG REIT can expect the trust to be listed on Bursa Malaysia's Main Market at the fixed IPO price of 91 sen per unit.
Key facts
| Companies | IOI Properties |
|---|---|
| Areas | Nationwide |
| Section | Investment & REITs |
| Date | |
| Source | Business Today ↗ |
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