Sunway REIT IPO opens the door for other listings

06/28/2010 | FinanceAsia.com (Hong Kong)

Malaysian Sunway Real Estate Investment Trust raised $459 million from its initial public offering. The largest IPO in the country to date this year, it is opening the door for similar listings. Singapore-listed CapitaMalls Asia is moving forward with plans to place three Malaysian shopping centers in a REIT to be listed on the Kuala Lumpur exchange.

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