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Malaysian Tycoon Lee Yeow Seng-Led IOI Properties To Raise $490 Million From REIT’s IPO

Published by Forbes · United States 11 h ago

Detailed summary

IOI Properties will use the net proceeds from the IPO to fund expansion plans and reduce debt that has risen about 22% to 25.4 billion ringgit ($6.2 billion) as of end-June from…

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