Tuesday, July 9, 2013

SPH REIT manager lodges prelim IPO prospectus with MAS

SPH announced that SPH REIT Management has today lodged the preliminary prospectus of SPH REIT with the Monetary Authority of Singapore in connection with its IPO.

On May 27, SPH said it received the eligibility-to-list letter from Singapore Exchange in connection with the proposed initial public offering and listing of SPH REIT.

On June 18, shareholders gave their approval for the proposed establishment of SPH REIT and the injection of the Paragon Property 1 and Clementi Mall 2 into the REIT.

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