IOI Properties Group is set to launch a Malaysian real estate investment trust valued at approximately $1.9 billion. This REIT will encompass a diverse portfolio of retail, office, and hotel assets. The company plans to offer a significant portion of units, aiming to raise substantial funds for debt repayment and future investments.
Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devices
Shares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese data centre equipment imports. The