Mapletree eyes Singapore IPO in 2027, Business Times reports

By Reuters News

- Singapore state investor Temasek-owned Mapletree Investments could launch an initial public offering in Singapore as early as 2027, the Business Times reported on Friday, citing sources.

  • The property investor has begun appointing banks and legal advisers for a potential listing, the newspaper said

  • "As a matter of policy, we do not comment on market rumours. Any material information, should it arise, will be communicated through the appropriate channels," a Mapletree spokesperson said in response to a Reuters query on Friday

  • The potential listing follows the collapse of talks over a possible merger between Mapletree and CapitaLand Investment, another Temasek-backed real estate group, the report said

  • The Business Times said the possible listed entity could be valued at about S$5 billion ($3.9 billion) though the figure remains unverified

  • Mapletree had S$76.2 billion in assets under management as of March 31, according to the report

($1 = 1.2774 Singapore dollars)

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