PETALING JAYA: Investor interest in the mega-listing of IOI Properties
Bhd, which has total assets worth RM15bil, could spark a re-rating of the local property sector.
Based on 2012 figures, IOI Properties is the second-largest property developer after SP Setia Bhd, with an operating profit of RM506.3mil compared to the latter’s RM549.9mil.
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