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.

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