Maybe Another Mall REIT for Thailand?

Market news —

Bloomberg reports that Thai mall owner Siam Piwat (which owns Siam Paragon) is considering an IPO:

The Bangkok-based company is asking international banks to submit proposals for a potential first-time share sale that may take place before the end of this year, the people said, asking not to be identified as the process is private. Siam Piwat is aiming to raise $500 million to $750 million in the IPO, they said, adding that deliberations are ongoing and it could decide not to list.