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Article: JSM Indochina to float property fund.

Article from:
Investment Adviser
Article date:
June 18, 2007
Copyright

IPO

JSM Indochina is looking to raise between AGBP200m and AGBP400m through an initial public offering of its shares on Aim to invest in the Vietnamese and Cambodian real estate markets.

The fund will focus on the development and management of high-specification retail and serviced apartments in leading urban cities.

JSM Indochina plans to raise the money through a placing of new ordinary shares with investors.

It is a closed-ended collective company established as an exempted company in the Cayman Islands and is managed by JSM Capital Indochina.

The trust already has identified an initial portfolio and pipeline of assets and ...

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