Friday, March 4, 2011
Perennial China Retail Trust Will Defer Singapore IPO
Marketwatch, 5 Mar 2011SINGAPORE—Perennial China Retail Trust, a unit of property-investment firm Perennial Real Estate, Saturday said it will defer its proposed 1.1 billion Singapore dollar (US$868 million) initial public offering due to volatile market conditions.The trust said in a statement that "in view of the relatively volatile market conditions, the Trustee-Manager and the sponsor have
