CapitaMalls Malaysia raises $244 million from IPO

The spin-off from CapitaMalls Asia becomes the second Malaysia Reit to price in just over a week. Trading debut is scheduled for July 16.

CapitaMalls Malaysia Trust CMMT has become the second real estate investment trust Reit to price a Malaysia initial public offering in just over a week, and like Sunway Reit before it, the deal attracted robust interest from both domestic and international investors.

In light of the continued volatility in global equity markets, the buyers weren't about to pay just any price, however, and sources said price sensitivity in the order book forced the issuer to fix the institutional...

To continue reading, please login or register for free

Click for more on: reit | ipo | malaysia | property | shopping malls | jp morgan | cimb | maybank

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...