ListedMain Market· 5269· Shariah-compliant

Al-Salam Real Estate Investment Trust IPO

Real Estate Investment Trusts. Offered at RM1.00 a share, listed on 29 Sept 2015.

Offer price

RM1.00

Shares offered

252.4m

RM252m at offer

Market cap at listing

RM580m

Offer period

4 Sept 2015 to 15 Sept 2015

Listing date

29 Sept 2015

Principal adviser

RHB Investment Bank Berhad

Timeline

Offer opens
4 Sept 2015
Offer closes
15 Sept 2015
Balloting
Done
Listed
29 Sept 2015

Oversubscription

3.0×

Public applications for 3.0 times the shares on offer, 2,442 applications.

First day of trading

+5%

Opened above the offer price, closed +5% on day one.

About Al-Salam Real Estate Investment Trust

A Shariah-compliant diversified Islamic Real Estate Investment Trust (REIT) constituted in Malaysia, investing in a diversified portfolio of income-producing real estate used for commercial retail, office and industrial purposes as well as Real Estate-Related Assets.

First-day forecast

CISCOM's forecast for Al-Salam Real Estate Investment Trust is available to Pro members.

Every IPO gets a projected first-day range and a probability of opening above the offer price, built from the most similar past listings on Bursa Malaysia. Across 246 IPOs in the walk-forward back-test, the model called the first-day direction right 74% of the time. Educational estimates, not investment advice.

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Facts on this page come from Bursa Malaysia announcements, the prospectus and issuing-house press releases, and can change. CISCOM is an educational service and does not provide investment advice. Past performance does not guarantee future results. Consult a licensed adviser before investing.