The manager of Ascendas REIT says the REIT will issue 133,948,782 preferential offering new units at $2.96 per unit, further to its announcement on Dec 3.
With the issue of the new units, the total number of units in issue under the REIT stands at 4,018,562,150.
SEE:'Buy' Ascendas REIT for potential in proposed overseas acquisitions: analysts
The new units will be listed and quoted on the mainboard of the SGX-ST at 9am on Dec 9.
Units in Ascendas REIT closed flat at $2.93 on Dec 8.
