Temasek's Mapletree Commercial to raise S$898 mln as IPO priced

Reuters, 15 Apr 2011
SINGAPORE, April 15 (Reuters) - Mapletree Commercial Trust is set to raise at least S$898 million in a Singapore initial public offering after its IPO was priced slightly above the midpoint of an indicative price range, two sources said on Friday.
A source indicated earlier this week that the IPO's orderbook was at least five times covered and it would be priced at between the midpoint to the upper end of the range. Full story