Sasseur REIT prices IPO units at 80 S'pore cents each; seeks to raise S$396m

-A +A

SINGAPORE (March 21): Sasseur Real Estate Development Trust, is seeking to raise S$396 million in an initial public offering in Singapore.

In its prospectus filed with the Monetary Authority of Singapore, the owner of retail malls in China said it has selling a total of 495 million units at 80 Singapore cents each.

Over 46% has been taken up by a clutch of investors that include JD.com and Charles & Keith owner CKK Holdings... (Click here to read the full story.)