This translates to an offering size of RMB2,287.2 million, which represents a premium of approximately 7% over the estimated offering size of RMB2,137.5 million.
CapitaLand China Trust (CLCT) (SGX:AU8U
) will subscribe for 5% of the total number of IPO units in the upcoming CapitaLand Commercial C-REIT (CLCR), set to be listed on the Shanghai Stock Exchange (SSE).
The final price of each IPO unit is RMB5.718 ($1.03), according to a Sept 8 bourse filing by CLCT. This was determined via a book-building process at an offer price range of RMB4.756 to RMB5.932 per unit.
