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Japanese golf course owner set to be biggest Singapore IPO so far this year

Published on Jul 21, 2014 9:24 PM

SINGAPORE - A business trust that owns golf courses in Japan could become the biggest listing on the Singapore Exchange (SGX) so far this year.

Accordia Golf Trust is seeking to raise as much as $782 million through its initial public offering (IPO).

It is offering about 782 million units in total, at between 97 cents and $1 per unit.

The offer price will be decided on July 24, the day the IPO closes. The trust is expected to debut on Aug 1 on the mainboard.

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