Bear markets maul Manulife's Singapore Reit IPO

Canadian financial services group postpones flotation as markets get the better of it.
The bears come out to play
The bears come out to play

Canadian financial services group Manulife pulled its S$569 million ($426 million) Singapore Reit initial public offering on its scheduled pricing day after global volatility meant the leads were unable to cover the order book. 

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media