06 Apr '11, 9pm

Mapletree Commercial Trust to launch IPO: This (IPO of Maple Commercial Trust) will be a gauge for others lookin...

SINGAPORE - Mapletree Commercial Trust, owner of Singapore's largest mall and premium commercial properties, yesterday announced plans of going public in a nearly S$648.7-million deal that is expected to dictate the pace of other real estate investment trust (REIT) initial public offerings. Maple Commercial Trust, a REIT established by Mapletree Investments with portfolio that includes VivoCity and Bank of America Merrill Lynch HarbourFront, will sell 712.9 million shares in a public offer that begins on April 19, it said in a prospectus filed yesterday with regulators. It has initially priced the shares within a range of S$0.84 to S$0.91 apiece. Maple Commercial Trust shares will commence trading on April 27 at 2pm. The announcement came as markets clawed back from losses seen in the wake of the earthquake in Japan. The company had looked to raise funds as early as last m...

Full article: http://www.todayonline.com/Business/EDC110407-0000420/Map...

Tweets

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todayonline.com 04 Apr '11, 11pm

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Dr Lim denies breach of trust

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asiaone.com 03 Apr '11, 5am

SINGAPORE - LAWYERS for Dr Susan Lim have categorically denied allegations from the Singapore Medical Council (SMC) that t...