Philippine realty firm Megaworld eyes up to $568m IPO for REIT unit

Philippine realty firm Megaworld eyes up to $568m IPO for REIT unit

A trader takes orders on a telephone at the Philippine Stock Exchange. Source: Reuters

Philippines’ Megaworld Corp is launching an up to 27.3 billion pesos ($567.8 million) share sale for its real estate investment trust (REIT) unit, a company official said on Wednesday.

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