Frasers Logistics and Industrial Trust

Frasers Logistics prices Singapore IPO at top end of range, to raise S$903m

Frasers Logistics and Industrial Trust is set to raise about S$903 million ($666 million) after pricing its Singapore initial public offering at the top of its indicative range in the country's biggest new listing in three years. The real estate investment trust (REIT) said in a filing on Friday (Jun 10) that it is selling 521.7 million units - priced at 89 cents apiece - to institutions and retail...

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