Temasek’s Mapletree Is Said to Pick Banks for Singapore IPO

Mapletree Investments Pte, a real estate firm owned by Singapore state investor Temasek Holdings Pte, has picked banks for an initial public offering of parts of the company in the city state that could raise at least S$1 billion ($780 million), according to people familiar with the matter.

Mapletree Investments Pte, a real estate firm owned by Singapore state investor Temasek Holdings Pte, has picked banks for an initial public offering of parts of the company in the city state that could raise at least S$1 billion ($780 million), according to people familiar with the matter.