Friday 24 August 2012

launch of REITs postponed

Just saw the news from The Star  mentioned that an advisory from the investment bank had stated the launch of the prospectus had been postponed until further notice due to unforeseen circumstances. The retail offering was initially scheduled to be opened to the public on Aug 23, 2012 while the institutional offering would start on Aug 28, 2012.

Hope next week can get better picture on this IPO launching date.



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