ION Orchard, a mall owned by CapitaMalls Asia, is seen on Singapore's main shopping boulevard Orchard Road November 17, 2009. Singapore's CapitaLand will raise $1.8 billion through the IPO of its shopping malls unit, playing it safe on the pricing after some Asian IPOs faltered recently due to valuation concerns. Reuters Pictures logo Reuters Pictures 27 months ago

ION Orchard, a mall owned by CapitaMalls Asia, is seen on Singapore's main shopping boulevard Orchard Road November 17, 2009. Singapore's CapitaLand will raise $1.8 billion through the IPO of its shopping malls unit, playing it safe on the pricing after some Asian IPOs faltered recently due to valuation concerns.

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