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Dasin Retail Trust’s public offer 7.6 times subscribed

IPO

Dasin Retail Trust’s public offer 7.6 times subscribed

PC Lee Published on Thu, Jan 19, 2017 / 7:23 PM GMT+8

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SINGAPORE (Jan 19): The trustee-manager of Dasin Retail Trust says the public and placement tranches of its Initial Public Offering was “over-subscribed” based on the indication of interest received.

Dasin is selling a total of 151.8 million units at 80 cents each to raise $121 million.

(See also: Dasin Retail Trust to raise $121 mil from IPO; shares offered at 80 cents each)

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