Wednesday 7 December 2011

Pavilion REIT jumps in KL listing debut

Pavilion Real Estate Investment Trust, a Malaysian property trust, rose 13.3 percent in its Kuala Lumpur stock market debut after raising RM710 million in its initial share offering.

The stock rose to RM1.02 at 9:09 a.m. local time from a reference price of 90 sen. -- Bloomberg



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