At a glance
- The retail offer is priced at 96 sen per unit, with applications closing at 5pm on 10 November and listing scheduled for 25 November.[1]
Offer terms
IOI Properties launched the prospectus on 3 November. The offering of up to 2.2 billion units is expected to raise about RM2.1 billion for the sponsor, with an indicated market capitalisation of about RM5.3 billion at the retail price.[1]
The sponsor intends to retain up to 60% of the trust’s 5.5 billion units. The offer includes approximately 715.61 million retail units and up to 1.48 billion institutional units, subject to allocation provisions.[1]
Initial property portfolio
The initial portfolio comprises nine freehold properties appraised at RM7.66 billion as at 31 May 2026: IOI City Mall, six hotels and two office properties. The mall had committed occupancy of 97.9% on that date.[1]
Expected debt at listing is approximately RM2.65 billion, with gearing of 34.1%, according to the launch disclosures reported by EdgeProp.[1]
Why it matters
The prospectus launch and offer terms are a new stage following the earlier registration announcement. Listing remains scheduled for a future date; this report does not imply that trading has begun.
Sources & further reading
- IOIPG REIT launches prospectus for RM2.1 bil IPO ↗EdgeProp Malaysia · 3 Nov 2026 · Accessed 3 Nov 2026
This is an original AI-assisted summary, not a reproduction of the source article. Context is our interpretation. Editorial policy · Report an issue