PUTRAJAYA, Nov 3 (Bernama) -- IOI Properties Group Bhd’s real estate investment trust arm IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT) aims to raise RM2.1 billion from its initial public offering (IPO), priced at 96 sen per unit, ahead of its listing on the Main Market of Bursa Malaysia Bhd on Nov 25.
Main Market-bound IOIPG REIT Aims To Raise RM2.1 Bln From IPO
IOIPG REIT, IPO, Main Market, Lee Yeow Seng, corpo
BE Bernama 
Key takeaways
IOIPG REIT aims to raise RM2.1 billion from its IPO, priced at 96 sen per unit, listing on Bursa Malaysia on Nov 25.
- The IPO will offer up to 2.2 billion units, with 13% for retail and 27% for institutional investors.
- The REIT's market cap is expected to be RM5.3 billion, with total debt of RM2.65 billion.
- The IPO includes allocations for bumiputera investors and institutional buyers under Regulation S.
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Related reporting
4 stories on this topic from 4 sources, oldest first.
- Bernama Main Market-bound IOIPG REIT Aims To Raise RM2.1 Bln From IPO (this story)
- Utusan Malaysia IOIPG REIT sasar raih RM2.1 bilion menerusi IPO di Pasaran Utama
