Prime US REIT launches largest IPO year-to-date; selling units at $1.20 each

Samantha Chiew
Samantha Chiew7/8/2019 06:06 PM GMT+08  • 4 min read
Prime US REIT launches largest IPO year-to-date; selling units at $1.20 each
SINGAPORE (July 8): KBS US Prime Property Management, the manager of Prime US REIT, has registered its final prospectus with the Monetary Authority of Singapore (MAS) in relation to its proposed offering and listing of units in Prime US REIT on the Mainbo
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SINGAPORE (July 8): KBS US Prime Property Management, the manager of Prime US REIT, has registered its final prospectus with the Monetary Authority of Singapore (MAS) in relation to its proposed offering and listing of units in Prime US REIT on the Mainboard of SGX.

This is expected to be the largest IPO on the Singapore Exchange year-to-date with market capitalisation of US$813 million ($1.1 billion).


See: Prime US REIT files prelim IPO prospectus; selling 335 mil shares at 88 US cents each

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