Sasseur pushes S-Reit IPO despite selloff

Unfazed by a correction in the S-Reit sector, Chinese outlet mall operator launches IPO for part of its assets and targets $300 million in proceeds. It's Singapore's first big IPO of 2018.

Chinese mall developer Sasseur launched roadshow and bookbuilding on Thursday for what is set to be the first major initial public offering in Singapore this year.

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