IGB plans to raise RM700mil from retail property trust

  • Business Premium
  • Wednesday, 18 Apr 2012

KUALA LUMPUR: IGB Corp, the third-largest property developer by market value, plans to raise about RM700mil by selling shares in a retail property trust, said two people familiar with the matter.

The trust may list units in the second half of the year here, said the people who declined to be named as the information is private.

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