Malaysia’s Largest REIT IPO Hits a Pricing Reality Check 🇲🇾📉
https://youtu.be/ragqKqceSXw?si=wV8Vd0EQ6YHAUBqQ

Malaysia’s biggest-ever REIT listing, IOIPG Malaysia REIT, lowered its IPO price from 96 sen to 91 sen per unit right before listing, trimming its overall valuation from RM5.3 billion to RM5.0 billion and refunding 5 sen per unit to retail applicants.

So why did the public tranche draw an oversubscription of only 0.59 times — significantly lower than recent listings like Paradigm RE