Taking Prime positions

Prime Reit lodges its prospectus with the MAS as Macquarie and two other cornerstone investors make sizeable commitments to the deal.
August 17, 2005

The management company of Prime Reit in Singapore yesterday lodged the reit's long awaited IPO prospectus with the MAS, with a view to completing the listing by mid September. According to the prospectus, the deal's price range has been set between S$0.93 and S$0.98 a unit.

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