Properties Group Bhd. 计划通过一家房地产投资信托基金的首次公开募股（IPO）筹集高达 24.3 亿令吉（约 5.97 亿美元），超出其最初的筹资目标，此举正值马来西亚迎来十多年来 IPO 融资最强劲的一年。
Properties Group Bhd. plans to raise as much as 2.43 billion ringgit ($597 million) from the initial public offering of a real estate investment trust, more than it initially sought, as Malaysia heads for its strongest year of IPO fundraising in over a decade.
根据 4 月的一份交易所文件，该公司此前的目标是筹集 19.8 亿令吉。最新的发行规模包含超额配售选择权，招股说明书预计将于周二提交。
It had previously targeted 1.98 billion ringgit in proceeds, according to a stock exchange filing in April. The latest offer size includes an over-allotment option, with the prospectus due to be filed on Tuesday.
尽管投资者对人工智能题材交易的疑虑以及地缘政治紧张局势动荡全球股市，该信托基金已准备好进场融资。投资者变得更加挑剔，尤其是上个月数据中心运营商交易遭遇波动后。即使在美国，IPO 也已放缓至近乎停滞，市场聚焦于即将到来的 Anthropic PBC 大额交易。
The trust is ready to tap the market even as investor doubts over the artificial intelligence trade and geopolitical tensions roil global stock markets. Investors are becoming more selective, especially after volatility swept through data center operator deals last month. IPOs have slowed to a near standstill even in the US, where the market is focused on the coming megadeal of Anthropic PBC.
“就基本面而言，马来西亚依然非常强劲，”IOIPG Malaysia Real Estate Investment Trust 首席执行官 Chris Chong 在接受采访时表示。“我们之所以迎来创纪录的一年，主要是因为我们的 GDP 增长近期表现不错，令吉已反弹，巨额投资正涌入马来西亚，这给资本市场带回了大量信心。” 按其目标规模计算，这笔 REIT 交易将推动 2026 年马来西亚 IPO 募资额达到约 22 亿美元。
“Malaysia is still very strong in terms of our fundamentals,” said Chris Chong, chief executive officer of IOIPG Malaysia Real Estate Investment Trust, in an interview. “We are hitting a record year mainly because our GDP growth has been fairly recent, the ringgit has recovered, huge investments are heading into Malaysia and that brings a lot of confidence back to the capital market.”At its targeted size, the REIT deal would push Malaysian IPO proceeds to about $2.2 billion in 2026.
Big Caring Group Bhd. 定于 11 月 19 日上市，也在寻求约 5.65 亿美元融资。加上其他在途项目，马来西亚有望逼近 2012 年的 IPO 融资纪录高点。
Big Caring Group Bhd., which is due to list on Nov. 19, is also seeking about $565 million. Together with other deals in the pipeline, that could move Malaysia closer to its record IPO fundraising year in 2012.
此次发行由九项资产提供支持，核心资产为吉隆坡外围的 IOI City Mall。Chong 表示，这座东南亚最大、月均客流量约 300 万的购物中心，是上个月马来西亚接替巴林举办一级方程式赛车赛事的最大受益者之一。该赛事吸引了逾 20 万人次，创造了数亿美元的收入。
The offering is backed by nine properties, anchored by IOI City Mall outside Kuala Lumpur. The mall, Southeast Asia’s largest that draws about 3 million visitors a month, was among the biggest beneficiaries when Malaysia hosted a Formula One race in place of Bahrain last month, Chong said. The event drew more than 200,000 people and generated hundreds of millions of dollars in revenue.
IOI Properties（IOI产业集团）作为马来西亚市值最大的房地产公司，正在出售其房地产投资信托基金（REIT）40%的股份，同时保留60%的控制权。这家由已故大亨李深静创立的公司，正利用这笔交易从其房地产组合中筹集资金。
IOI Properties, Malaysia’s largest property company by market value, is selling a 40% stake in the REIT while retaining 60% control. The company, founded by the late tycoon Lee Shin Cheng, is using the deal to raise funds from its property portfolio.
据同时担任IOI Properties首席运营官的张（Chong）透露，该信托基金估值为52.8亿令吉，还将发行高达26.5亿令吉的中期票据。张表示，上市后，该基金可通过向母公司或第三方购买成熟物业，扩大其在马来西亚的投资组合。
The trust is valued at 5.28 billion ringgit and will issue up to 2.65 billion ringgit in medium-term notes as well, according to Chong, who is also chief operating officer at IOI Properties. After listing, it could expand its Malaysian portfolio by buying mature properties from its parent company or third parties, Chong said.
该REIT将成为马来西亚股市中又一家由李氏家族控制的上市公司，与IOI Properties及马来西亚旗舰种植企业之一的IOI Corporation Bhd.（IOI集团）并列。其发行规模预计将位居Sunway Healthcare Holdings Bhd.（双威医疗控股）之后，成为马来西亚九年来规模第二大的发行项目。
The REIT will add another Lee family-controlled company to Malaysia’s stock market, alongside IOI Properties and IOI Corporation Bhd., one of the country’s flagship plantation companies. Its offering is set to rank behind Sunway Healthcare Holdings Bhd., Malaysia’s biggest in nine years.