{
  "id": 19777614,
  "title": "Malaysian Tycoon Lee Yeow Seng-Led IOI Properties To Raise $490 Million From REIT’s IPO",
  "url": "https://urgent.news/2026/11/13/malaysian-tycoon-lee-yeow-seng-led-ioi-properties-to-raise-490",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-13T07:21:07.000Z",
  "source": {
    "name": "Forbes",
    "slug": "forbes",
    "url": "https://www.forbes.com/sites/iansayson/2026/11/13/malaysian-tycoon-lee-yeow-seng-led-ioi-properties-to-raise-490-million-from-reits-ipo/"
  },
  "original_language": "en",
  "account": null,
  "summary": "IOI Properties will use the net proceeds from the IPO to fund expansion plans and reduce debt that has risen about 22% to 25.4 billion ringgit ($6.2 billion) as of end-June from the previous year following its real estate acquisitions in Singapore.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}