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HomeBusinessNew World Development bags Shanghai bourse nod for $570 million REIT listing

New World Development bags Shanghai bourse nod for $570 million REIT listing

Sept 21: Hong Kong’s New World Development said on Monday the Shanghai Stock Exchange had approved the spinoff and listing of its REIT for an expected offering size of 3. 82 billion yuan ($570. 36 million). Here are the details: • The company said it expects to subscribe for 20 per cent of the total uni

Read full story on Channel Newsasia

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