Editorial

28 Feb 2013 Mapletree Greater China Commercial Trust IPO

Mapletree Greater China Commercial Trust IPO - the listing on the Singapore Exchange of the Mapletree China-focussed REIT - Greater China Commercial Trust - is the biggest in Singapore for over 2 years. The deal was priced at S$0.93 a unit, at the very end upper end of the indicative price guidance shown the week before of S$0.88-0.93. Mapletree is a unit of Temesak and the REIT listed includes a number of properties in mainland China as well as Hong Kong. The deal is the largest IPO this year in Asia, and bankers are hoping that the positive outcome of this issuance will encourage other notable deals to emerge. (Allen & Gledhill advised the Issuer).

Financial Centre : Singapore
Law Firm : Allen & Gledhill
Lawyer : Jerry Koh

Practice Area : Equity Capital Markets
Classification : Initial Public Offerings
Sub-classification : Singapore Exchange
Industry : Real Estate Investment Trusts

Advised Party : Issuer
Value : 1000.01-5000.00

Issuer Jurisdiction- : Singapore
Listing Jurisdiction- : Singapore