Monday, June 28, 2010

CapitaMalls to offer shares at RM1.08

CapitaMalls Malaysia Trust plans to offer shares for its Malaysian initial public offering at RM1.08 each to individual investors, according to a prospectus published on Malaysian newspapers today.

Individual investors will get a refund if the final IPO price for institutional investors is lower than the retail one, according to the sales document.

CapitaMalls will offer a total of 786.5 million shares, it said. -- Bloomberg

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