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 2 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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