CWT (C14.SG) and ARA Asset Management (D1R.SG) may rise as planned listing of Cache Logistics Trust in Singapore takes shape, reported Dow Jones Newswires.
Cache has filed draft prospectus seeking to raise up to $417.3 million through sale of 474.2 million units at indicative price range of $0.84–$0.88, making it largest IPO in Singapore so far this year.
