AME REIT IPO well-received by institutional and retail investors

KUALA LUMPUR: I REIT Managers Sdn Bhd, the management company of AME Real Estate Investment Trust (AME REIT) has announced that its initial public offering (IPO) was well-received by investors.

In a statement, it said AME REIT’s institutional offering was well-received with approximately 4.20 times cover over the 109.5 million units made available for the bookbuilding process.