Singapore's Centurion Accommodation REIT
$Cent Accom REIT(8C8U.SI)$ raised US$599 million in its initial public offering, with its stock opening up 9.1% on Wendnesday, making it the second-largest IPO this year.
This helped push Singapore's IPO fundraising to US$1.4 billion this year, a six-year high and a sign of a market recovery.
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